Ejendomsselskabet Frost A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About Ejendomsselskabet Frost A/S
Ejendomsselskabet Frost A/S (CVR number: 40084320) is a company from FAVRSKOV. The company recorded a gross profit of 2214.1 kDKK in 2023. The operating profit was 1129.3 kDKK, while net earnings were -201.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.4 %, which can be considered weak but Return on Equity (ROE) was -2.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 21.5 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Ejendomsselskabet Frost A/S's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | - 128.50 | 1 011.47 | 1 531.86 | 1 498.86 | 2 214.14 |
EBIT | - 128.50 | 439.82 | 764.61 | 729.15 | 1 129.27 |
Net earnings | - 190.64 | - 257.84 | 348.51 | 123.80 | - 201.16 |
Shareholders equity total | 4 809.36 | 4 551.52 | 4 900.03 | 5 023.84 | 9 822.68 |
Balance sheet total (assets) | 21 674.03 | 28 854.91 | 30 554.59 | 48 973.07 | 45 650.64 |
Net debt | 33 672.65 | 23 142.13 | 24 348.25 | 34 444.26 | 32 538.66 |
Profitability | |||||
EBIT-% | |||||
ROA | -0.6 % | 1.7 % | 2.6 % | 1.8 % | 2.4 % |
ROE | -4.0 % | -5.5 % | 7.4 % | 2.5 % | -2.7 % |
ROI | -0.3 % | 1.3 % | 2.6 % | 2.0 % | 2.6 % |
Economic value added (EVA) | - 101.99 | - 388.89 | - 243.87 | - 258.03 | 194.44 |
Solvency | |||||
Equity ratio | 22.2 % | 15.8 % | 16.0 % | 10.3 % | 21.5 % |
Gearing | 700.1 % | 510.8 % | 497.7 % | 730.9 % | 332.2 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 77.6 | 0.5 | 0.6 | 0.5 | 0.6 |
Current ratio | 77.6 | 0.5 | 0.6 | 0.5 | 0.6 |
Cash and cash equivalents | 106.90 | 40.58 | 2 275.58 | 95.28 | |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | A | BBB | BBB |
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