FRANK HOLDING, HERNING ApS — Credit Rating and Financial Key Figures

CVR number: 29170371
Paghs Alle 17, 7400 Herning
frankflemming2@gmail.com

Credit rating

Company information

Official name
FRANK HOLDING, HERNING ApS
Established
2005
Company form
Private limited company
Industry

About FRANK HOLDING, HERNING ApS

FRANK HOLDING, HERNING ApS (CVR number: 29170371) is a company from HERNING. The company recorded a gross profit of -17.6 kDKK in 2023. The operating profit was -17.6 kDKK, while net earnings were -13.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was -1.1 %, which can be considered poor and Return on Equity (ROE) was -1.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 87.8 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. FRANK HOLDING, HERNING ApS's liquidity measured by quick ratio was 8.2 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit-21.43-77.90-26.40-16.04-17.62
EBIT-21.43-77.90-26.40-16.04-17.62
Net earnings-63.27-98.9496.71-18.26-13.30
Shareholders equity total1 515.011 416.071 232.771 100.11969.01
Balance sheet total (assets)5 325.451 424.911 268.271 173.241 104.26
Net debt3 754.24- 982.18-1 224.03-1 161.54-1 098.26
Profitability
EBIT-%
ROA-0.4 %-2.3 %8.8 %-1.3 %-1.1 %
ROE-6.0 %-6.8 %7.3 %-1.6 %-1.3 %
ROI-0.5 %-2.3 %8.9 %-1.4 %-1.2 %
Economic value added (EVA)84.33197.06-45.39-15.72-14.54
Solvency
Equity ratio28.4 %99.4 %97.2 %93.8 %87.8 %
Gearing247.8 %1.2 %
Relative net indebtedness %
Liquidity
Quick ratio0.1161.235.716.08.2
Current ratio0.1161.235.716.08.2
Cash and cash equivalents982.181 239.221 161.541 098.26
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBB

Variable visualization

ROA:-1.12%
Rating: 19/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:87.8%
Rating: 68/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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