FRANK HOFFMANN HOLDING ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About FRANK HOFFMANN HOLDING ApS
FRANK HOFFMANN HOLDING ApS (CVR number: 30525205) is a company from TØNDER. The company recorded a gross profit of -10 kDKK in 2023. The operating profit was -10 kDKK, while net earnings were 630.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 8.3 %, which can be considered good and Return on Equity (ROE) was 9.8 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 72.1 %, 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. FRANK HOFFMANN HOLDING ApS's liquidity measured by quick ratio was 1.3 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -8.50 | -6.25 | -6.25 | -6.88 | -10.00 |
EBIT | -8.50 | -6.25 | -6.25 | -6.88 | -10.00 |
Net earnings | 457.76 | 559.37 | 1 188.89 | 124.27 | 630.41 |
Shareholders equity total | 4 871.01 | 5 319.78 | 6 395.68 | 6 405.55 | 6 518.16 |
Balance sheet total (assets) | 4 994.87 | 5 504.60 | 7 673.24 | 7 174.07 | 9 041.59 |
Net debt | -5.06 | - 152.09 | 375.46 | 708.61 | 1 071.65 |
Profitability | |||||
EBIT-% | |||||
ROA | 9.8 % | 11.6 % | 18.9 % | 2.3 % | 8.3 % |
ROE | 9.7 % | 11.0 % | 20.3 % | 1.9 % | 9.8 % |
ROI | 10.0 % | 11.9 % | 19.4 % | 2.3 % | 8.4 % |
Economic value added (EVA) | -43.86 | -16.75 | 17.30 | 61.85 | 33.05 |
Solvency | |||||
Equity ratio | 97.5 % | 96.6 % | 83.4 % | 89.3 % | 72.1 % |
Gearing | 17.9 % | 11.7 % | 38.0 % | ||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 10.8 | 7.2 | 2.0 | 2.6 | 1.3 |
Current ratio | 10.8 | 7.2 | 2.0 | 2.6 | 1.3 |
Cash and cash equivalents | 5.06 | 152.09 | 770.93 | 41.56 | 1 408.49 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | AA | AA | AA | A | AA |
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