FRØSTRUP BRUGSFORENING — Credit Rating and Financial Key Figures

CVR number: 60475628
Søndergade 15, 7741 Frøstrup

Credit rating

Company information

Official name
FRØSTRUP BRUGSFORENING
Personnel
27 persons
Established
1999
Industry
  • Expand more icon47Retail trade, except of motor vehicles and motorcycles

About FRØSTRUP BRUGSFORENING

FRØSTRUP BRUGSFORENING (CVR number: 60475628) is a company from THISTED. The company reported a net sales of 28.7 mDKK in 2023, demonstrating a decline of -2.6 % compared to the previous year. The operating profit percentage was at 1.6 % (EBIT: 0.5 mDKK), while net earnings were 478.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5 %, which can be considered decent and Return on Equity (ROE) was 6.4 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 60.3 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. FRØSTRUP BRUGSFORENING's liquidity measured by quick ratio was 0.5 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 financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales24 800.9926 137.6528 055.0829 505.3728 732.08
Gross profit3 920.544 252.224 399.044 115.664 290.90
EBIT311.91578.75563.07- 114.85450.38
Net earnings231.40498.59510.899.62478.90
Shareholders equity total6 211.086 709.677 220.557 230.187 710.88
Balance sheet total (assets)10 326.2012 417.9612 158.8612 630.2012 789.14
Net debt2 276.512 048.441 679.511 173.32685.54
Profitability
EBIT-%1.3 %2.2 %2.0 %-0.4 %1.6 %
ROA3.8 %6.0 %5.5 %0.2 %5.0 %
ROE3.8 %7.7 %7.3 %0.1 %6.4 %
ROI4.3 %7.2 %6.9 %0.2 %6.7 %
Economic value added (EVA)- 204.3546.5128.66- 501.54-48.66
Solvency
Equity ratio60.1 %54.0 %59.4 %57.2 %60.3 %
Gearing37.3 %31.0 %23.9 %17.8 %12.2 %
Relative net indebtedness %14.0 %18.9 %14.5 %15.1 %13.8 %
Liquidity
Quick ratio0.20.40.40.40.5
Current ratio1.20.91.01.01.1
Cash and cash equivalents39.5132.6842.88113.03256.72
Capital use efficiency
Trade debtors turnover (days)3.72.33.72.03.4
Net working capital %1.3 %-1.4 %0.2 %-0.1 %1.7 %
Credit risk
Credit ratingAAABBBA

Variable visualization

ROA:4.95%
Rating: 43/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:60.3%
Rating: 47/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board

Companies in the same industry

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