FRANDSEN´S CEMENTSTØBERI HOLDING ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About FRANDSEN´S CEMENTSTØBERI HOLDING ApS
FRANDSEN´S CEMENTSTØBERI HOLDING ApS (CVR number: 25892526) is a company from Høje-Taastrup. The company recorded a gross profit of -151.7 kDKK in 2023. The operating profit was -274.8 kDKK, while net earnings were 802.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7.4 %, which can be considered decent and Return on Equity (ROE) was 5.5 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 99.4 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. FRANDSEN´S CEMENTSTØBERI HOLDING ApS's liquidity measured by quick ratio was 640 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | - 118.08 | - 133.60 | - 161.67 | - 146.70 | - 151.66 |
| EBIT | - 238.08 | - 253.61 | - 296.84 | - 207.09 | - 274.77 |
| Net earnings | 1 138.74 | 2 677.81 | -1 106.42 | 967.10 | 802.81 |
| Shareholders equity total | 12 008.64 | 14 575.86 | 13 356.44 | 14 209.13 | 14 894.15 |
| Balance sheet total (assets) | 12 236.00 | 15 494.78 | 14 065.50 | 14 321.71 | 14 990.71 |
| Net debt | -11 608.57 | -14 455.62 | -12 882.34 | -13 239.11 | -14 307.89 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 12.5 % | 24.0 % | 1.2 % | 10.0 % | 7.4 % |
| ROE | 9.9 % | 20.1 % | -7.9 % | 7.0 % | 5.5 % |
| ROI | 12.6 % | 24.9 % | 1.3 % | 10.2 % | 7.4 % |
| Economic value added (EVA) | - 167.07 | - 165.14 | - 145.02 | - 118.32 | - 190.39 |
| Solvency | |||||
| Equity ratio | 98.1 % | 94.1 % | 95.0 % | 99.2 % | 99.4 % |
| Gearing | 0.4 % | 0.4 % | 0.6 % | 0.6 % | 0.0 % |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 188.8 | 52.8 | 18.9 | 121.1 | 640.0 |
| Current ratio | 188.8 | 52.8 | 18.9 | 121.1 | 640.0 |
| Cash and cash equivalents | 11 655.46 | 14 506.92 | 12 965.22 | 13 330.53 | 14 309.63 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | A | A | A | A | A |
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