FRANDSEN & AAGAARD ApS — Credit Rating and Financial Key Figures

CVR number: 34460620
Vallerød Banevej 9 A, 2960 Rungsted Kyst

Company information

Official name
FRANDSEN & AAGAARD ApS
Personnel
2 persons
Established
2012
Company form
Private limited company
Industry

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit- 338.33-90.15- 123.58- 158.01- 506.49
EBIT-1 546.811 831.73- 513.76-2 138.50- 185.20
Net earnings-1 178.122 153.05387.508 132.1734.57
Shareholders equity total7 236.7610 313.8412 927.0915 909.4818 259.19
Balance sheet total (assets)7 276.7910 378.6612 977.8016 774.9619 004.44
Net debt- 315.33- 246.104.78210.28- 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)-1 688.021 751.83- 735.22-2 379.40367.89
Solvency
Equity ratio99.4 %99.4 %99.6 %94.8 %96.1 %
Gearing0.0 %1.5 %
Relative net indebtedness %
Liquidity
Quick ratio9.94.434.20.016.7
Current ratio9.94.434.20.016.7
Cash and cash equivalents315.33246.1034.07554.32
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBAAAA

Variable visualization

ROA:0.19%
Rating: 21/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:96.1%
Rating: 77/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chief executive officer

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