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Pia Frølund Holding ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Pia Frølund Holding ApS
Pia Frølund Holding ApS (CVR number: 42496545) is a company from SKIVE. The company recorded a gross profit of -5 kDKK in 2024. The operating profit was -5 kDKK, while net earnings were 145.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 114.2 %, which can be considered excellent and Return on Equity (ROE) was 145.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 79.1 %, 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. Pia Frølund Holding ApS's liquidity measured by quick ratio was 1.3 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|
| Volume | ||||
| Net sales | ||||
| Gross profit | -3.17 | -3.13 | -3.75 | -5.00 |
| EBIT | -3.17 | -3.13 | -3.75 | -5.00 |
| Net earnings | -5.86 | -10.69 | 3.66 | 145.24 |
| Shareholders equity total | 34.14 | 23.45 | 27.12 | 172.36 |
| Balance sheet total (assets) | 36.64 | 29.08 | 36.49 | 217.93 |
| Net debt | -29.12 | -29.08 | -29.11 | -29.13 |
| Profitability | ||||
| EBIT-% | ||||
| ROA | -15.4 % | -32.4 % | 11.2 % | 114.2 % |
| ROE | -17.2 % | -37.1 % | 14.5 % | 145.6 % |
| ROI | -16.5 % | -37.0 % | 14.5 % | 125.9 % |
| Economic value added (EVA) | -3.17 | -4.84 | -4.93 | -6.36 |
| Solvency | ||||
| Equity ratio | 93.2 % | 80.7 % | 74.3 % | 79.1 % |
| Gearing | 18.1 % | |||
| Relative net indebtedness % | ||||
| Liquidity | ||||
| Quick ratio | 11.6 | 5.2 | 3.1 | 1.3 |
| Current ratio | 11.6 | 5.2 | 3.1 | 1.3 |
| Cash and cash equivalents | 29.12 | 29.08 | 29.11 | 60.33 |
| Capital use efficiency | ||||
| Trade debtors turnover (days) | ||||
| Net working capital % | ||||
| Credit risk | ||||
| Credit rating | BB | BB | BB | BB |
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