N Frandsen Holding ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About N Frandsen Holding ApS
N Frandsen Holding ApS (CVR number: 39037130) is a company from AALBORG. The company recorded a gross profit of -8 kDKK in 2024. The operating profit was -8 kDKK, while net earnings were -59.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -2.9 %, which can be considered poor and Return on Equity (ROE) was -5.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 48.8 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. N Frandsen Holding ApS's liquidity measured by quick ratio was 2.4 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 financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 424.43 | ||||
Gross profit | -4.69 | 424.43 | -5.50 | -8.00 | |
EBIT | -4.69 | 424.43 | -5.50 | -8.00 | |
Net earnings | 50.46 | 398.62 | 423.94 | 206.76 | -59.63 |
Shareholders equity total | 100.31 | 498.93 | 865.67 | 1 072.43 | 1 012.79 |
Balance sheet total (assets) | 117.24 | 515.86 | 924.10 | 2 124.64 | 2 074.02 |
Net debt | 16.93 | -2.86 | -2.24 | - 102.24 | -52.00 |
Profitability | |||||
EBIT-% | 100.0 % | ||||
ROA | 55.1 % | 126.0 % | 58.9 % | 13.5 % | -2.9 % |
ROE | 67.2 % | 133.0 % | 62.1 % | 21.3 % | -5.7 % |
ROI | 55.1 % | 126.0 % | 58.9 % | 20.2 % | -5.6 % |
Economic value added (EVA) | -7.81 | -5.89 | 398.64 | -50.71 | -62.32 |
Solvency | |||||
Equity ratio | 85.6 % | 96.7 % | 93.7 % | 50.5 % | 48.8 % |
Gearing | 16.9 % | 3.4 % | 6.7 % | 3.9 % | 6.2 % |
Relative net indebtedness % | -0.5 % | ||||
Liquidity | |||||
Quick ratio | 0.2 | 1.4 | 1.1 | 2.7 | 2.4 |
Current ratio | 0.2 | 1.4 | 1.1 | 2.7 | 2.4 |
Cash and cash equivalents | 19.80 | 60.67 | 143.73 | 115.06 | |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | 1.4 % | ||||
Credit risk | |||||
Credit rating | BB | BB | BBB | BBB | BBB |
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