Frankly Insure ApS — Credit Rating and Financial Key Figures

CVR number: 42626449
Valhøjvej 18, 2500 Valby
contact@franklyinsure.com
tel: 25488314
Franklyinsure.dk
Free credit report Annual report

Company information

Official name
Frankly Insure ApS
Personnel
6 persons
Established
2021
Company form
Private limited company
Industry

About Frankly Insure ApS

Frankly Insure ApS (CVR number: 42626449) is a company from KØBENHAVN. The company recorded a gross profit of -3209.9 kDKK in 2024. The operating profit was -7254.1 kDKK, while net earnings were -7288.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was -555.9 %, which can be considered poor and Return on Equity (ROE) was -1410.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 7.2 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. Frankly Insure ApS's liquidity measured by quick ratio was 1.1 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2022
2023
2024
Volume
Net sales
Gross profit- 364.66- 475.44-3 209.92
EBIT-1 621.80-2 056.24-7 254.13
Net earnings-1 437.44-2 391.55-7 288.31
Shareholders equity total- 870.05936.4896.90
Balance sheet total (assets)814.161 265.711 344.36
Net debt1 136.29-1 146.60-1 307.00
Profitability
EBIT-%
ROA-96.3 %-139.4 %-555.9 %
ROE-176.6 %-273.2 %-1410.6 %
ROI-99.5 %-160.1 %-1402.4 %
Economic value added (EVA)-1 366.54-2 354.49-7 301.22
Solvency
Equity ratio-51.7 %74.0 %7.2 %
Gearing-187.4 %0.1 %0.5 %
Relative net indebtedness %
Liquidity
Quick ratio14.33.81.1
Current ratio14.33.81.1
Cash and cash equivalents493.971 147.241 307.52
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBB

Variable visualization

ROA:-555.9%
Rating: 0/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:7.21%
Rating: 7/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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