FRANDSEN & AAGAARD ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About FRANDSEN & AAGAARD ApS
FRANDSEN & AAGAARD ApS (CVR number: 34460620) is a company from HØRSHOLM. The company recorded a gross profit of -506.5 kDKK in 2023. The operating profit was -185.2 kDKK, while net earnings were 34.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.2 %, which can be considered weak and Return on Equity (ROE) was 0.2 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 96.1 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. FRANDSEN & AAGAARD ApS's liquidity measured by quick ratio was 16.7 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 financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | - 338.33 | -90.15 | - 123.58 | - 158.01 | - 506.49 |
EBIT | -1 546.81 | 1 831.73 | - 513.76 | -2 138.50 | - 185.20 |
Net earnings | -1 178.12 | 2 153.05 | 387.50 | 8 132.17 | 34.57 |
Shareholders equity total | 7 236.76 | 10 313.84 | 12 927.09 | 15 909.48 | 18 259.19 |
Balance sheet total (assets) | 7 276.79 | 10 378.66 | 12 977.80 | 16 774.96 | 19 004.44 |
Net debt | - 315.33 | - 246.10 | 4.78 | 210.28 | - 554.32 |
Profitability | |||||
EBIT-% | |||||
ROA | -15.2 % | 25.6 % | 3.4 % | 54.7 % | 0.2 % |
ROE | -15.1 % | 24.5 % | 3.3 % | 56.4 % | 0.2 % |
ROI | -15.5 % | 25.7 % | 3.4 % | 55.9 % | 0.2 % |
Economic value added (EVA) | -1 688.02 | 1 751.83 | - 735.22 | -2 379.40 | 367.89 |
Solvency | |||||
Equity ratio | 99.4 % | 99.4 % | 99.6 % | 94.8 % | 96.1 % |
Gearing | 0.0 % | 1.5 % | |||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 9.9 | 4.4 | 34.2 | 0.0 | 16.7 |
Current ratio | 9.9 | 4.4 | 34.2 | 0.0 | 16.7 |
Cash and cash equivalents | 315.33 | 246.10 | 34.07 | 554.32 | |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | A | A | A | A |
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