AAGE FRØLUND. INVEST ApS

CVR number: 60063613
Nørregade 11, 7800 Skive
tel: 97524422

Credit rating

Company information

Official name
AAGE FRØLUND. INVEST ApS
Personnel
7 persons
Established
1981
Company form
Private limited company
Industry
  • Expand more icon47Retail trade, except of motor vehicles and motorcycles

About AAGE FRØLUND. INVEST ApS

AAGE FRØLUND. INVEST ApS (CVR number: 60063613) is a company from SKIVE. The company recorded a gross profit of 528.7 kDKK in 2023. The operating profit was -663.2 kDKK, while net earnings were -374.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -13.7 %, which can be considered poor and Return on Equity (ROE) was -13.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -17.9 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. AAGE FRØLUND. INVEST ApS's liquidity measured by quick ratio was 0.1 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20192020202120222023
Volume
Net sales
Gross profit822.691 230.661 093.93843.18528.70
EBIT- 422.7928.78- 178.63- 373.93- 663.21
Net earnings- 324.0647.72- 238.75- 180.13- 374.57
Shareholders equity total-1 923.72-1 875.99-14.74- 194.87- 569.44
Balance sheet total (assets)4 005.524 320.052 252.422 794.592 615.68
Net debt4 728.024 553.111 492.042 137.482 436.84
Profitability
EBIT-%
ROA-4.9 %2.9 %-1.9 %-7.2 %-13.7 %
ROE-7.4 %1.1 %-7.3 %-7.1 %-13.8 %
ROI-5.5 %3.3 %-2.3 %-9.5 %-16.9 %
Economic value added (EVA)- 188.29142.54-13.36- 289.00- 497.19
Solvency
Equity ratio-32.4 %-30.3 %-0.7 %-6.5 %-17.9 %
Gearing-271.5 %-278.2 %-10841.9 %-1221.6 %-459.6 %
Relative net indebtedness %
Liquidity
Quick ratio0.30.30.10.20.1
Current ratio0.50.60.70.70.5
Cash and cash equivalents494.16666.29106.27242.97180.38
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBB

Variable visualization

ROA:-13.7%
Rating: 6/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-17.9%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

Companies in the same industry

Build time: 2024-11-20T03:01:53.665Z

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