Frahm Base ApS — Credit Rating and Financial Key Figures

CVR number: 37596787
Gyvelvej 33, 4000 Roskilde

Credit rating

Company information

Official name
Frahm Base ApS
Established
2016
Company form
Private limited company
Industry

About Frahm Base ApS

Frahm Base ApS (CVR number: 37596787) is a company from ROSKILDE. The company recorded a gross profit of -8 kDKK in 2023. The operating profit was -8 kDKK, while net earnings were 1490 kDKK. The profitability of the company measured by Return on Assets (ROA) was 9.9 %, which can be considered good but Return on Equity (ROE) was 7.8 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 98.6 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Frahm Base ApS's liquidity measured by quick ratio was 73.1 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-6.13-6.67-10.55-7.67-7.97
EBIT-6.13-6.67-10.55-7.67-7.97
Net earnings1 353.77- 126.15-1 044.25643.751 490.05
Shareholders equity total21 308.7021 182.5520 138.3018 782.0519 272.10
Balance sheet total (assets)28 163.8328 146.0120 160.3018 788.3019 539.37
Net debt-1 478.63-1 460.80-20 144.55-18 736.14-19 539.37
Profitability
EBIT-%
ROA5.4 %0.1 %4.6 %3.9 %9.9 %
ROE6.6 %-0.6 %-5.1 %3.3 %7.8 %
ROI5.5 %0.1 %-3.7 %3.9 %10.0 %
Economic value added (EVA)-1 008.86-1 002.34-1 000.77-6.57-8.57
Solvency
Equity ratio75.7 %75.3 %99.9 %100.0 %98.6 %
Gearing0.1 %0.1 %0.1 %
Relative net indebtedness %
Liquidity
Quick ratio67.967.1916.43 006.173.1
Current ratio67.967.1916.43 006.173.1
Cash and cash equivalents1 494.381 476.5520 160.3018 736.1419 539.37
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAABBBBBBBB

Variable visualization

ROA:9.90%
Rating: 57/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:98.6%
Rating: 80/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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