MICHAEL FRANDSEN HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 31053951
Lunavej 6, Stenstrup 4700 Næstved
kontakt@seesafe.dk
tel: 70228778
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Company information

Official name
MICHAEL FRANDSEN HOLDING ApS
Established
2007
Domicile
Stenstrup
Company form
Private limited company
Industry

About MICHAEL FRANDSEN HOLDING ApS

MICHAEL FRANDSEN HOLDING ApS (CVR number: 31053951) is a company from NÆSTVED. The company recorded a gross profit of 715.2 kDKK in 2024. The operating profit was 610.5 kDKK, while net earnings were 6214.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 24.6 %, which can be considered excellent and Return on Equity (ROE) was 30.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 78.8 %, 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. MICHAEL FRANDSEN HOLDING ApS's liquidity measured by quick ratio was 2.9 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit207.96813.36392.16688.77715.21
EBIT170.16813.36298.61589.43610.46
Net earnings494.353 180.713 652.519 348.896 214.89
Shareholders equity total1 293.354 361.067 899.1717 130.2523 223.14
Balance sheet total (assets)4 158.0812 593.0213 413.0924 199.0929 477.68
Net debt2 017.493 517.242 850.462 182.72- 113.56
Profitability
EBIT-%
ROA15.9 %40.3 %30.3 %51.5 %24.6 %
ROE44.9 %112.5 %59.6 %74.7 %30.8 %
ROI19.3 %46.9 %36.3 %63.2 %28.8 %
Economic value added (EVA)-17.11503.60- 332.58- 109.41- 550.28
Solvency
Equity ratio31.1 %34.6 %58.9 %70.8 %78.8 %
Gearing164.4 %151.5 %36.1 %16.1 %11.4 %
Relative net indebtedness %
Liquidity
Quick ratio0.40.91.21.52.9
Current ratio0.40.91.21.52.9
Cash and cash equivalents109.243 089.990.06567.312 761.09
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBABBBA

Variable visualization

ROA:24.6%
Rating: 80/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:78.8%
Rating: 59/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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