Frost Føns Traktor- & Maskinservice A/S — Credit Rating and Financial Key Figures

CVR number: 42530107
Tornhøjvej 7, Tumbøl 6200 Aabenraa

Company information

Official name
Frost Føns Traktor- & Maskinservice A/S
Personnel
13 persons
Established
2021
Domicile
Tumbøl
Company form
Limited company
Industry

About Frost Føns Traktor- & Maskinservice A/S

Frost Føns Traktor- & Maskinservice A/S (CVR number: 42530107) is a company from AABENRAA. The company recorded a gross profit of 5084.4 kDKK in 2023. The operating profit was 1514.4 kDKK, while net earnings were 1064.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 15.8 %, which can be considered excellent and Return on Equity (ROE) was 42.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 27.1 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Frost Føns Traktor- & Maskinservice A/S's liquidity measured by quick ratio was 1 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2021
2022
2023
Volume
Net sales
Gross profit2 842.205 546.355 084.43
EBIT1 110.422 039.511 514.40
Net earnings677.561 471.751 064.76
Shareholders equity total1 677.552 649.312 314.07
Balance sheet total (assets)8 694.1310 672.568 538.41
Net debt-1 864.78-3 203.12-1 083.61
Profitability
EBIT-%
ROA12.8 %21.1 %15.8 %
ROE40.4 %68.0 %42.9 %
ROI18.7 %33.7 %28.5 %
Economic value added (EVA)826.661 628.121 234.60
Solvency
Equity ratio19.3 %24.8 %27.1 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio1.41.21.0
Current ratio3.12.32.1
Cash and cash equivalents1 864.783 203.121 083.61
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAA

Variable visualization

ROA:15.8%
Rating: 67/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:27.1%
Rating: 24/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Chief executive officer
Board member

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