Frank Kruse Holding ApS — Credit Rating and Financial Key Figures

CVR number: 42913472
Aldershvilevej 8, 2800 Kongens Lyngby

Company information

Official name
Frank Kruse Holding ApS
Established
2021
Company form
Private limited company
Industry

About Frank Kruse Holding ApS

Frank Kruse Holding ApS (CVR number: 42913472) is a company from GLADSAXE. The company recorded a gross profit of -14 kDKK in 2023. The operating profit was -14 kDKK, while net earnings were 19.4 mDKK. The profitability of the company measured by Return on Assets (ROA) was 21 %, which can be considered excellent and Return on Equity (ROE) was 26.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 77.8 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. Frank Kruse Holding ApS's liquidity measured by quick ratio was 1.4 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
Volume
Net sales
Gross profit- 231.53-19.73-14.04
EBIT- 231.531 620.23-14.04
Net earnings13 335.5220 820.4419 376.51
Shareholders equity total42 881.5463 587.5980 872.59
Balance sheet total (assets)51 248.5686 123.16103 928.63
Net debt3 449.823 025.1412 336.49
Profitability
EBIT-%
ROA26.2 %30.6 %21.0 %
ROE31.1 %39.1 %26.8 %
ROI28.7 %35.2 %22.7 %
Economic value added (EVA)- 231.532 380.161 390.33
Solvency
Equity ratio83.7 %73.8 %77.8 %
Gearing9.2 %14.0 %28.2 %
Relative net indebtedness %
Liquidity
Quick ratio0.91.21.4
Current ratio0.91.21.4
Cash and cash equivalents483.525 890.1010 464.47
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBAAA

Variable visualization

ROA:21.0%
Rating: 75/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:77.8%
Rating: 58/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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