Frank Kruse Holding ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Frank Kruse Holding ApS
Frank Kruse Holding ApS (CVR number: 42913472K) is a company from GLADSAXE. The company reported a net sales of 924.5 mDKK in 2024, demonstrating a growth of 5.3 % compared to the previous year. The operating profit percentage was at 4.1 % (EBIT: 38 mDKK), while net earnings were 39.7 mDKK. The profitability of the company measured by Return on Assets (ROA) was 12.3 %, which can be considered good but Return on Equity (ROE) was 44.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 38.2 %, 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. Frank Kruse Holding 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 financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 446.43 | 575.22 | 738.97 | 878.21 | 924.50 |
Gross profit | 192.99 | 231.08 | 283.26 | 310.07 | 297.60 |
EBIT | 16.45 | 38.70 | 54.04 | 45.09 | 37.97 |
Net earnings | 11.82 | 28.66 | 39.02 | 37.68 | 39.73 |
Shareholders equity total | 62.82 | 91.65 | 112.69 | 143.44 | 182.23 |
Balance sheet total (assets) | 207.35 | 278.96 | 350.37 | 396.71 | 476.44 |
Net debt | 6.15 | -25.74 | -19.47 | -25.10 | -62.26 |
Profitability | |||||
EBIT-% | 3.7 % | 6.7 % | 7.3 % | 5.1 % | 4.1 % |
ROA | 8.0 % | 16.1 % | 17.2 % | 13.7 % | 12.3 % |
ROE | 20.2 % | 56.5 % | 73.3 % | 52.2 % | 44.6 % |
ROI | 15.1 % | 31.1 % | 33.1 % | 25.6 % | 22.8 % |
Economic value added (EVA) | 12.76 | 24.36 | 35.23 | 25.10 | 16.31 |
Solvency | |||||
Equity ratio | 30.3 % | 32.9 % | 32.2 % | 36.2 % | 38.2 % |
Gearing | 20.5 % | 14.6 % | 18.4 % | 12.4 % | 9.6 % |
Relative net indebtedness % | 27.0 % | 22.3 % | 23.4 % | 20.9 % | 19.4 % |
Liquidity | |||||
Quick ratio | 1.6 | 1.5 | 1.5 | 1.6 | 1.6 |
Current ratio | 1.6 | 1.6 | 1.5 | 1.6 | 1.6 |
Cash and cash equivalents | 6.75 | 39.16 | 40.23 | 42.91 | 79.74 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 82.7 | 65.7 | 73.5 | 63.4 | 60.1 |
Net working capital % | 11.4 % | 8.6 % | 9.2 % | 9.3 % | 11.1 % |
Credit risk | |||||
Credit rating | A | AA | AA | AA | AA |
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