Frøstrup Markbrug ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Frøstrup Markbrug ApS
Frøstrup Markbrug ApS (CVR number: 42150495) is a company from THISTED. The company recorded a gross profit of -97.7 kDKK in 2023. The operating profit was -97.7 kDKK, while net earnings were -88.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was -4.4 %, which can be considered poor and Return on Equity (ROE) was -7.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 58.7 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. Frøstrup Markbrug ApS's liquidity measured by quick ratio was 1.7 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2021 | 2022 | 2023 | |
---|---|---|---|
Volume | |||
Net sales | |||
Gross profit | 499.55 | 1 100.41 | -97.65 |
EBIT | 499.55 | 1 100.41 | -97.65 |
Net earnings | 387.12 | 853.25 | -88.28 |
Shareholders equity total | 429.12 | 1 282.37 | 1 194.09 |
Balance sheet total (assets) | 1 695.52 | 2 363.76 | 2 035.14 |
Net debt | - 102.02 | - 219.02 | - 200.27 |
Profitability | |||
EBIT-% | |||
ROA | 29.5 % | 54.2 % | -4.4 % |
ROE | 90.2 % | 99.7 % | -7.1 % |
ROI | 116.4 % | 128.6 % | -7.9 % |
Economic value added (EVA) | 388.44 | 837.14 | - 140.42 |
Solvency | |||
Equity ratio | 25.3 % | 54.3 % | 58.7 % |
Gearing | |||
Relative net indebtedness % | |||
Liquidity | |||
Quick ratio | 0.8 | 0.9 | 1.7 |
Current ratio | 1.3 | 2.2 | 2.4 |
Cash and cash equivalents | 102.02 | 219.02 | 200.27 |
Capital use efficiency | |||
Trade debtors turnover (days) | |||
Net working capital % | |||
Credit risk | |||
Credit rating | BB | BBB | BB |
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