T. FROMBERG HOLDING ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About T. FROMBERG HOLDING ApS
T. FROMBERG HOLDING ApS (CVR number: 33866801) is a company from FAABORG-MIDTFYN. The company reported a net sales of 0.1 mDKK in 2023, demonstrating a growth of -1024.3 % compared to the previous year. The operating profit percentage was at 97.4 % (EBIT: 0.1 mDKK), while net earnings were 107 kDKK. The profitability of the company measured by Return on Assets (ROA) was 15.6 %, which can be considered excellent and Return on Equity (ROE) was 23.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 63.2 %, 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. T. FROMBERG HOLDING ApS's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | -41.27 | 17.57 | -57.54 | -11.71 | 108.24 |
Gross profit | -42.52 | 16.32 | -58.78 | -12.96 | 105.39 |
EBIT | -42.52 | 16.32 | -58.78 | -12.96 | 105.39 |
Net earnings | -36.87 | 22.41 | -54.46 | -6.25 | 107.03 |
Shareholders equity total | 533.06 | 455.47 | 401.01 | 394.76 | 501.79 |
Balance sheet total (assets) | 700.33 | 675.74 | 596.29 | 579.76 | 794.51 |
Net debt | -26.60 | -79.60 | -54.13 | -9.77 | -8.67 |
Profitability | |||||
EBIT-% | 92.9 % | 97.4 % | |||
ROA | -5.0 % | 3.3 % | -8.5 % | -1.0 % | 15.6 % |
ROE | -6.1 % | 4.5 % | -12.7 % | -1.6 % | 23.9 % |
ROI | -6.1 % | 4.5 % | -12.6 % | -1.2 % | 17.5 % |
Economic value added (EVA) | -39.82 | 14.21 | -53.45 | -12.83 | 112.25 |
Solvency | |||||
Equity ratio | 76.1 % | 67.4 % | 67.3 % | 68.1 % | 63.2 % |
Gearing | 46.5 % | 29.0 % | |||
Relative net indebtedness % | -340.8 % | 800.7 % | -245.3 % | 72.8 % | 128.0 % |
Liquidity | |||||
Quick ratio | 1.4 | 0.9 | 1.3 | 1.3 | 0.7 |
Current ratio | 1.4 | 0.9 | 1.3 | 1.3 | 0.7 |
Cash and cash equivalents | 26.60 | 79.60 | 54.13 | 193.52 | 154.13 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | -166.2 % | -151.1 % | -89.6 % | -486.7 % | -83.4 % |
Credit risk | |||||
Credit rating | BB | BBB | BB | BB | BBB |
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