JØRGEN FRANDSENS TEGNESTUE ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About JØRGEN FRANDSENS TEGNESTUE ApS
JØRGEN FRANDSENS TEGNESTUE ApS (CVR number: 32089712) is a company from HORSENS. The company recorded a gross profit of -18.2 kDKK in 2023. The operating profit was -144 kDKK, while net earnings were -143.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was -115.9 %, which can be considered poor and Return on Equity (ROE) was -136.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 67.4 %, 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. JØRGEN FRANDSENS TEGNESTUE ApS's liquidity measured by quick ratio was 3.3 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 614.80 | 416.46 | 203.76 | 119.00 | -18.18 |
EBIT | -6.18 | 81.33 | 6.13 | -7.47 | - 144.02 |
Net earnings | -4.97 | 63.21 | 4.36 | -7.79 | - 143.67 |
Shareholders equity total | 117.45 | 180.66 | 185.02 | 177.23 | 33.56 |
Balance sheet total (assets) | 276.84 | 329.74 | 232.89 | 198.50 | 49.77 |
Net debt | - 138.72 | - 268.91 | - 219.67 | - 179.74 | -31.44 |
Profitability | |||||
EBIT-% | |||||
ROA | -1.8 % | 26.8 % | 2.2 % | -3.5 % | -115.9 % |
ROE | -4.1 % | 42.4 % | 2.4 % | -4.3 % | -136.3 % |
ROI | -4.0 % | 53.8 % | 3.3 % | -4.0 % | -126.6 % |
Economic value added (EVA) | -10.27 | 64.47 | 9.22 | -5.87 | - 143.22 |
Solvency | |||||
Equity ratio | 42.4 % | 54.8 % | 79.4 % | 89.3 % | 67.4 % |
Gearing | 4.5 % | 17.4 % | |||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.8 | 2.3 | 5.0 | 10.0 | 3.3 |
Current ratio | 1.8 | 2.3 | 5.0 | 10.0 | 3.3 |
Cash and cash equivalents | 138.72 | 268.91 | 219.67 | 187.66 | 37.26 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BB | B | B |
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