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 -3.8 kDKK in 2023. The operating profit was -3.8 kDKK, while net earnings were 3.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 11.2 %, which can be considered good and Return on Equity (ROE) was 14.5 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 74.3 %, 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 3.1 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 financials2021 | 2022 | 2023 | |
---|---|---|---|
Volume | |||
Net sales | |||
Gross profit | -3.17 | -3.13 | -3.75 |
EBIT | -3.17 | -3.13 | -3.75 |
Net earnings | -5.86 | -10.69 | 3.66 |
Shareholders equity total | 34.14 | 23.45 | 27.12 |
Balance sheet total (assets) | 36.64 | 29.08 | 36.49 |
Net debt | -29.12 | -29.08 | -29.11 |
Profitability | |||
EBIT-% | |||
ROA | -15.4 % | -32.4 % | 11.2 % |
ROE | -17.2 % | -37.1 % | 14.5 % |
ROI | -16.5 % | -37.0 % | 14.5 % |
Economic value added (EVA) | -3.17 | -3.00 | -3.47 |
Solvency | |||
Equity ratio | 93.2 % | 80.7 % | 74.3 % |
Gearing | |||
Relative net indebtedness % | |||
Liquidity | |||
Quick ratio | 11.6 | 5.2 | 3.1 |
Current ratio | 11.6 | 5.2 | 3.1 |
Cash and cash equivalents | 29.12 | 29.08 | 29.11 |
Capital use efficiency | |||
Trade debtors turnover (days) | |||
Net working capital % | |||
Credit risk | |||
Credit rating | BBB | BB | BBB |
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