FRANK-OLESEN HOLDING ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About FRANK-OLESEN HOLDING ApS
FRANK-OLESEN HOLDING ApS (CVR number: 34473773) is a company from SILKEBORG. The company recorded a gross profit of -7 kDKK in 2023. The operating profit was -7 kDKK, while net earnings were 532.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.3 %, which can be considered weak and Return on Equity (ROE) was 3.4 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 96.4 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. FRANK-OLESEN HOLDING ApS's liquidity measured by quick ratio was 27.2 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 financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -22.09 | -23.96 | -16.12 | -17.59 | -7.03 |
EBIT | -22.09 | -23.96 | -16.12 | -17.59 | -7.03 |
Net earnings | 1 247.13 | 1 695.60 | 1 300.09 | 1 091.68 | 532.86 |
Shareholders equity total | 11 507.96 | 13 203.56 | 14 571.15 | 15 662.83 | 16 073.69 |
Balance sheet total (assets) | 12 567.04 | 14 478.91 | 15 733.15 | 15 954.69 | 16 671.69 |
Net debt | -1 789.21 | -1 522.68 | -1 393.11 | 0.06 | |
Profitability | |||||
EBIT-% | |||||
ROA | 11.4 % | 14.0 % | 10.1 % | 6.9 % | 3.3 % |
ROE | 11.5 % | 13.7 % | 9.4 % | 7.2 % | 3.4 % |
ROI | 11.5 % | 14.1 % | 10.3 % | 7.0 % | 3.3 % |
Economic value added (EVA) | 93.39 | 93.98 | 106.34 | 121.29 | 92.17 |
Solvency | |||||
Equity ratio | 91.6 % | 91.2 % | 92.6 % | 98.2 % | 96.4 % |
Gearing | 8.7 % | 7.6 % | 6.8 % | 0.0 % | |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 6.3 | 5.9 | 18.9 | 23.2 | 27.2 |
Current ratio | 6.3 | 5.9 | 18.9 | 23.2 | 27.2 |
Cash and cash equivalents | 2 794.54 | 2 526.38 | 2 381.04 | ||
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | A | A | A | A |
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