Thomas Frølund Holding ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Thomas Frølund Holding ApS
Thomas Frølund Holding ApS (CVR number: 40565817) is a company from NYBORG. The company recorded a gross profit of -3.5 kDKK in 2024. The operating profit was -3.5 kDKK, while net earnings were -4.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was -2.6 %, which can be considered poor and Return on Equity (ROE) was -5.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 57.6 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. Thomas Frølund Holding ApS's liquidity measured by quick ratio was 2.4 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -8.74 | -3.12 | -4.75 | -3.49 | |
EBIT | -8.74 | -3.12 | -4.75 | -3.49 | |
Net earnings | 63.80 | 36.95 | -5.53 | -4.75 | -4.68 |
Shareholders equity total | 93.62 | 130.56 | 125.04 | 120.28 | 60.60 |
Balance sheet total (assets) | 225.00 | 177.18 | 172.37 | 164.88 | 105.19 |
Net debt | 131.38 | - 133.68 | - 131.27 | - 123.78 | -64.09 |
Profitability | |||||
EBIT-% | |||||
ROA | 39.1 % | 20.5 % | -1.8 % | -2.8 % | -2.6 % |
ROE | 103.4 % | 33.0 % | -4.3 % | -3.9 % | -5.2 % |
ROI | 39.1 % | 20.7 % | -1.8 % | -2.9 % | -2.7 % |
Economic value added (EVA) | -7.54 | -20.05 | -11.86 | -13.10 | -11.60 |
Solvency | |||||
Equity ratio | 41.6 % | 73.7 % | 72.5 % | 73.0 % | 57.6 % |
Gearing | 140.3 % | 33.3 % | 32.9 % | 34.2 % | 67.8 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 3.8 | 3.6 | 3.7 | 2.4 | |
Current ratio | 3.8 | 3.6 | 3.7 | 2.4 | |
Cash and cash equivalents | 177.18 | 172.37 | 164.88 | 105.19 | |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | BB | BB | BB |
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