Ib Frøstrup Holding ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Ib Frøstrup Holding ApS
Ib Frøstrup Holding ApS (CVR number: 40811907) is a company from AALBORG. The company reported a net sales of 0.2 mDKK in 2024, demonstrating a decline of -28.9 % compared to the previous year. The operating profit percentage was at 99.3 % (EBIT: 0.2 mDKK), while net earnings were 194.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 20 %, which can be considered excellent and Return on Equity (ROE) was 21.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 90.5 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Ib Frøstrup Holding ApS's liquidity measured by quick ratio was 3 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 146.51 | 279.66 | 320.43 | 274.60 | 195.32 |
Gross profit | 144.51 | 278.54 | 319.25 | 273.23 | 193.94 |
EBIT | 144.51 | 278.54 | 319.25 | 273.23 | 193.94 |
Net earnings | 144.91 | 278.79 | 319.51 | 273.53 | 194.25 |
Shareholders equity total | 184.86 | 363.65 | 583.15 | 856.68 | 954.93 |
Balance sheet total (assets) | 186.96 | 438.65 | 738.15 | 886.68 | 1 055.01 |
Net debt | 0.10 | 73.00 | 153.00 | 28.00 | 98.08 |
Profitability | |||||
EBIT-% | 98.6 % | 99.6 % | 99.6 % | 99.5 % | 99.3 % |
ROA | 77.3 % | 89.0 % | 54.3 % | 33.6 % | 20.0 % |
ROE | 78.4 % | 101.7 % | 67.5 % | 38.0 % | 21.4 % |
ROI | 78.1 % | 89.6 % | 54.4 % | 33.7 % | 20.0 % |
Economic value added (EVA) | 144.96 | 269.49 | 297.57 | 236.54 | 149.79 |
Solvency | |||||
Equity ratio | 98.9 % | 82.9 % | 79.0 % | 96.6 % | 90.5 % |
Gearing | 0.1 % | 20.1 % | 26.2 % | 3.3 % | 10.3 % |
Relative net indebtedness % | 1.4 % | 26.8 % | 48.4 % | 10.9 % | 51.2 % |
Liquidity | |||||
Quick ratio | 0.2 | 1.0 | 1.6 | 7.5 | 3.0 |
Current ratio | 0.2 | 1.0 | 1.6 | 7.5 | 3.0 |
Cash and cash equivalents | |||||
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | -1.1 % | -0.9 % | 30.1 % | 71.2 % | 101.6 % |
Credit risk | |||||
Credit rating | BB | BBB | BBB | A | BBB |
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