Frøkjær varme og energi ApS — Credit Rating and Financial Key Figures

CVR number: 40515739
Lundevej 18, 7100 Vejle

Credit rating

Company information

Official name
Frøkjær varme og energi ApS
Personnel
1 person
Established
2019
Company form
Private limited company
Industry
  • Expand more icon43Specialised construction activities

About Frøkjær varme og energi ApS

Frøkjær varme og energi ApS (CVR number: 40515739) is a company from VEJLE. The company reported a net sales of 0.9 mDKK in 2023, demonstrating a growth of 0.4 % compared to the previous year. The operating profit percentage was at 1.9 % (EBIT: 0 mDKK), while net earnings were 17.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7.4 %, which can be considered decent but Return on Equity (ROE) was 18.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 36.4 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Frøkjær varme og energi ApS's liquidity measured by quick ratio was 1.6 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

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales374.77578.64739.05928.55932.60
Gross profit236.05437.87406.00379.00409.50
EBIT40.419.78-4.8714.8817.27
Net earnings31.526.55-6.2213.9517.33
Shareholders equity total71.5277.6571.4485.39100.64
Balance sheet total (assets)123.72185.12161.31191.56276.86
Net debt- 116.35- 143.16- 161.31- 153.85- 171.66
Profitability
EBIT-%10.8 %1.7 %-0.7 %1.6 %1.9 %
ROA32.7 %6.3 %-2.8 %8.4 %7.4 %
ROE44.1 %8.8 %-8.3 %17.8 %18.6 %
ROI56.5 %13.1 %-6.5 %18.6 %18.0 %
Economic value added (EVA)31.529.43-0.0220.9722.47
Solvency
Equity ratio57.8 %41.9 %44.3 %44.6 %36.4 %
Gearing4.1 %3.5 %
Relative net indebtedness %-17.1 %-6.2 %-9.7 %-5.5 %0.1 %
Liquidity
Quick ratio2.41.71.81.81.6
Current ratio2.41.71.81.81.6
Cash and cash equivalents116.35143.16161.31157.32175.13
Capital use efficiency
Trade debtors turnover (days)7.226.511.539.0
Net working capital %19.1 %13.4 %9.7 %9.2 %10.8 %
Credit risk
Credit ratingBBBBBBBBB

Variable visualization

ROA:7.40%
Rating: 50/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:36.4%
Rating: 31/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

Companies in the same industry

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