FROST BOLIGCENTER A/S — Credit Rating and Financial Key Figures

CVR number: 18642638
Vestergårdsvej 4, 7260 Sønder Omme
mail@frostbolig.dk
tel: 75341295

Credit rating

Company information

Official name
FROST BOLIGCENTER A/S
Personnel
3 persons
Established
1995
Company form
Limited company
Industry

About FROST BOLIGCENTER A/S

FROST BOLIGCENTER A/S (CVR number: 18642638) is a company from BILLUND. The company recorded a gross profit of 1303.5 kDKK in 2023. The operating profit was -491.5 kDKK, while net earnings were -802.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -3.1 %, which can be considered poor and Return on Equity (ROE) was -14.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 37.2 %, 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. FROST BOLIGCENTER A/S's liquidity measured by quick ratio was 1.8 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 profit3 399.483 208.032 860.011 984.891 303.51
EBIT814.50967.24388.22- 509.57- 491.52
Net earnings420.13561.74106.81- 629.20- 802.84
Shareholders equity total5 797.076 358.816 465.625 836.425 033.58
Balance sheet total (assets)17 526.4117 840.5518 453.7417 122.1214 395.84
Net debt8 162.416 470.615 870.786 517.746 056.51
Profitability
EBIT-%
ROA5.3 %6.0 %2.1 %-2.9 %-3.1 %
ROE7.5 %9.2 %1.7 %-10.2 %-14.8 %
ROI6.0 %7.1 %2.7 %-3.7 %-3.8 %
Economic value added (EVA)22.06132.85- 287.56- 992.42- 928.47
Solvency
Equity ratio34.0 %37.5 %38.5 %35.5 %37.2 %
Gearing142.8 %115.0 %99.3 %115.8 %123.6 %
Relative net indebtedness %
Liquidity
Quick ratio1.71.91.71.31.8
Current ratio2.62.62.22.02.0
Cash and cash equivalents114.54843.67550.07243.04167.37
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAABBBBBB

Variable visualization

ROA:-3.12%
Rating: 17/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:37.2%
Rating: 31/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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