FRANK A/S — Credit Rating and Financial Key Figures

CVR number: 43563211
Hørupvej 24, Hørup 9632 Møldrup
kirsten@munchogpedersen.dk
tel: 86691600

Company information

Official name
FRANK A/S
Established
1975
Domicile
Hørup
Company form
Limited company
Industry

About FRANK A/S

FRANK A/S (CVR number: 43563211) is a company from VIBORG. The company reported a net sales of 0.2 mDKK in 2023, demonstrating a decline of -3.2 % compared to the previous year. The operating profit percentage was poor at -45.7 % (EBIT: -0.1 mDKK), while net earnings were 109 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.3 %, which can be considered weak and Return on Equity (ROE) was 1.8 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 85.4 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. FRANK A/S's liquidity measured by quick ratio was 3 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

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales126.35551.33146.05191.74185.59
Gross profit1 463.48438.16-50.05- 164.52-73.98
EBIT1 457.80438.16-53.55- 170.52-84.86
Net earnings1 507.39682.64482.80- 408.68109.05
Shareholders equity total5 651.436 234.076 603.876 080.796 072.04
Balance sheet total (assets)6 311.776 854.917 264.606 556.377 114.03
Net debt-3 094.45-3 171.52-3 084.02-2 147.74-1 840.36
Profitability
EBIT-%1153.8 %79.5 %-36.7 %-88.9 %-45.7 %
ROA33.9 %13.5 %8.9 %0.1 %2.3 %
ROE30.5 %11.5 %7.5 %-6.4 %1.8 %
ROI35.0 %14.1 %9.1 %0.1 %2.3 %
Economic value added (EVA)910.1129.26- 374.66- 495.45- 383.10
Solvency
Equity ratio89.5 %90.9 %90.9 %92.7 %85.4 %
Gearing6.2 %6.6 %8.4 %7.3 %16.9 %
Relative net indebtedness %-2202.9 %-537.7 %-2039.3 %-1103.6 %-982.8 %
Liquidity
Quick ratio9.06.45.66.13.0
Current ratio9.06.45.66.13.0
Cash and cash equivalents3 443.723 585.163 639.282 591.662 865.85
Capital use efficiency
Trade debtors turnover (days)181.5
Net working capital %1473.2 %169.8 %10.8 %-45.0 %-338.0 %
Credit risk
Credit ratingAAAAAA

Variable visualization

ROA:2.32%
Rating: 32/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:85.4%
Rating: 65/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Chief executive officer

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