MICHAEL FRANDSEN HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 31053951
Lunavej 6, Stenstrup 4700 Næstved
kontakt@seesafe.dk
tel: 70228778
Free credit report Annual report

Income statement (kDKK)

2020
2021
2022
2023
2024
Fiscal period length1212121212
Net sales
Gross profit207.96813.36392.16688.77715.21
Total depreciation-37.80-93.55-99.34- 104.74
EBIT170.16813.36298.61589.43610.46
Other financial income3.630.22303.3046.52162.54
Other financial expenses- 112.27-67.09- 169.71- 215.95- 239.51
Net income from associates (fin.)445.792 560.793 336.159 041.955 822.76
Pre-tax profit507.313 307.283 768.349 461.946 356.25
Income taxes-12.96- 126.57- 115.83- 113.06- 141.36
Net earnings494.353 180.713 652.519 348.896 214.89

Assets (kDKK)

2020
2021
2022
2023
2024
Intangible assets total
Land and waters2 340.205 031.755 323.285 569.635 584.13
Advance payments and construction in progress350.00
Tangible assets total2 340.205 031.755 323.285 569.635 934.13
Holdings in group member companies1 348.393 412.395 635.3315 204.4117 527.17
Participating interests50.0046.78
Investments total1 398.393 459.185 635.3315 204.4117 527.17
Non-current loans receivable17.6017.6020.00200.00225.00
Long term receivables total17.6017.6020.00200.00225.00
Inventories total
Current trade debtors68.75
Current amounts owed by group member comp.133.971 431.99147.941 134.02
Current owed by particip. interest comp.200.00220.00220.00
Prepayments and accrued income10.77
Current other receivables48.533.1366.67166.72
Current deferred tax assets158.69735.20710.562 223.141 729.56
Short term receivables total292.65994.502 434.422 657.743 030.30
Other current investments20.0023.60
Cash and bank deposits109.243 089.990.06547.312 737.49
Cash and cash equivalents109.243 089.990.06567.312 761.09
Balance sheet total (assets)4 158.0812 593.0213 413.0924 199.0929 477.68

Equity and liabilities (kDKK)

2020
2021
2022
2023
2024
Share capital125.00125.00125.00125.00125.00
Shares repurchased113.00114.40117.80122.00135.00
Other reserves300.851 664.864 997.7914 039.7516 676.08
Retained earnings260.15- 723.91- 993.94-6 505.3872.17
Profit of the financial year494.353 180.713 652.519 348.896 214.89
Shareholders equity total1 293.354 361.067 899.1717 130.2523 223.14
Non-current loans from credit institutions1 810.882 821.592 748.332 647.842 545.34
Non-current deferred tax liabilities153.64840.76795.392 247.191 717.12
Non-current liabilities total1 964.533 662.353 543.724 895.044 262.46
Current loans from credit institutions315.842 707.03102.19102.19102.19
Current trade creditors8.108.1012.0012.0012.75
Current owed to group member1 078.62
Short-term deferred tax liabilities419.76364.39
Other non-interest bearing current liabilities576.26775.861 436.261 695.231 877.14
Current liabilities total900.214 569.611 970.212 173.801 992.08
Balance sheet total (liabilities)4 158.0812 593.0213 413.0924 199.0929 477.68
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