FRANDSBJERG INVEST A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About FRANDSBJERG INVEST A/S
FRANDSBJERG INVEST A/S (CVR number: 28662378) is a company from MARIAGERFJORD. The company recorded a gross profit of 2682.4 kDKK in 2022. The operating profit was -1238.6 kDKK, while net earnings were 381.8 mDKK. The profitability of the company measured by Return on Assets (ROA) was 41.7 %, which can be considered excellent and Return on Equity (ROE) was 50.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 82 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. FRANDSBJERG INVEST A/S's liquidity measured by quick ratio was 0.3 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2018 | 2019 | 2020 | 2021 | 2022 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 1 459.00 | 3 314.00 | 1 684.00 | 1 436.77 | 2 682.40 |
EBIT | - 995.00 | - 253.00 | -1 295.00 | -1 497.15 | -1 238.64 |
Net earnings | 135 784.00 | 27 686.00 | 31 447.00 | 140 349.75 | 381 771.48 |
Shareholders equity total | 359 522.00 | 388 963.00 | 411 521.00 | 556 337.27 | 949 010.03 |
Balance sheet total (assets) | 428 422.00 | 550 278.00 | 624 856.00 | 717 162.97 | 1 157 769.52 |
Net debt | 149 342.46 | 167 957.27 | |||
Profitability | |||||
EBIT-% | |||||
ROA | -0.3 % | -0.1 % | -0.2 % | 21.6 % | 41.7 % |
ROE | 46.6 % | 7.4 % | 7.9 % | 29.0 % | 50.7 % |
ROI | -0.3 % | -0.1 % | -0.2 % | 21.6 % | 41.8 % |
Economic value added (EVA) | 4 269.48 | -18 318.98 | -20 840.39 | -21 741.91 | 18 977.21 |
Solvency | |||||
Equity ratio | 100.0 % | 100.0 % | 100.0 % | 77.6 % | 82.0 % |
Gearing | 27.0 % | 18.2 % | |||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.4 | 0.3 | |||
Current ratio | 1.4 | 0.3 | |||
Cash and cash equivalents | 865.68 | 4 610.30 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | A | A |
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