FRS Danmark A/S — Credit Rating and Financial Key Figures

CVR number: 33869673
Kilebryggen 2, 6792 Rømø
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Company information

Official name
FRS Danmark A/S
Established
2011
Company form
Limited company
Industry

About FRS Danmark A/S

FRS Danmark A/S (CVR number: 33869673) is a company from TØNDER. The company recorded a gross profit of -39.9 kDKK in 2024. The operating profit was -39.9 kDKK, while net earnings were -30.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -1.7 %, which can be considered poor and Return on Equity (ROE) was -1.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 97.8 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. FRS Danmark A/S's liquidity measured by quick ratio was 45.4 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit833.47352.24-37.33-42.86-39.89
EBIT833.47352.24-37.33-42.86-39.89
Net earnings822.12349.08-37.48-37.33-30.93
Shareholders equity total1 532.601 881.681 844.201 806.871 775.95
Balance sheet total (assets)1 794.831 926.681 882.201 846.871 815.94
Net debt- 752.06-1 926.68-1 871.95-1 826.87-1 815.68
Profitability
EBIT-%
ROA43.6 %18.9 %-2.0 %-2.0 %-1.7 %
ROE73.3 %20.4 %-2.0 %-2.0 %-1.7 %
ROI51.7 %20.0 %-2.0 %-2.0 %-1.7 %
Economic value added (EVA)753.89269.87- 131.89- 135.53- 130.68
Solvency
Equity ratio85.4 %97.7 %98.0 %97.8 %97.8 %
Gearing7.0 %
Relative net indebtedness %
Liquidity
Quick ratio4.942.849.546.245.4
Current ratio4.942.849.546.245.4
Cash and cash equivalents858.691 926.681 871.951 826.871 815.68
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBB

Variable visualization

ROA:-1.68%
Rating: 18/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:97.8%
Rating: 79/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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