FROSTTECH ApS

CVR number: 10151562
Birke Alle 7 D, 9200 Aalborg SV

Credit rating

Company information

Official name
FROSTTECH ApS
Established
2003
Company form
Private limited company
Industry
  • Expand more icon43Specialised construction activities

About FROSTTECH ApS

FROSTTECH ApS (CVR number: 10151562) is a company from AALBORG. The company recorded a gross profit of -1.9 kDKK in 2023. The operating profit was -1.9 kDKK, while net earnings were -59 kDKK. The profitability of the company measured by Return on Assets (ROA) was -0.1 %, which can be considered poor and Return on Equity (ROE) was -4.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -2.1 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. FROSTTECH ApS's liquidity measured by quick ratio was 0 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20192020202120222023
Volume
Net sales
Gross profit16.6344.9669.0711.81-1.92
EBIT16.6344.9669.0711.81-1.92
Net earnings-23.682.4227.11-12.51-58.99
Shareholders equity total-10.51-8.1019.026.50-52.49
Balance sheet total (assets)2 529.072 526.072 527.472 500.002 500.00
Net debt2 001.931 981.401 758.611 695.431 638.22
Profitability
EBIT-%
ROA0.7 %1.8 %2.7 %0.5 %-0.1 %
ROE-1.9 %0.1 %2.1 %-98.1 %-4.7 %
ROI0.8 %2.1 %3.5 %0.6 %-0.1 %
Economic value added (EVA)-75.12-42.95-34.16-80.12-80.88
Solvency
Equity ratio-0.4 %-0.3 %0.8 %0.3 %-2.1 %
Gearing-19040.6 %-24473.8 %9255.9 %26075.6 %-3121.1 %
Relative net indebtedness %
Liquidity
Quick ratio0.00.00.0
Current ratio0.00.00.0
Cash and cash equivalents1.39
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBB

Variable visualization

ROA:-0.08%
Rating: 20/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-2.06%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

Companies in the same industry

Build time: 2024-10-21T13:51:17.442Z

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