FRANK BOSE ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About FRANK BOSE ApS
FRANK BOSE ApS (CVR number: 32470319) is a company from FAXE. The company reported a net sales of 0.2 mDKK in 2023, demonstrating a decline of -0.3 % compared to the previous year. The operating profit percentage was at 2.4 % (EBIT: 0 mDKK), while net earnings were 2.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3 %, which can be considered weak and Return on Equity (ROE) was 2.4 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 66.7 %, 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. FRANK BOSE ApS's liquidity measured by quick ratio was 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 461.90 | 473.84 | 422.58 | 215.89 | 215.16 |
Gross profit | 372.93 | 418.93 | 376.11 | 174.78 | 161.79 |
EBIT | -25.99 | 46.50 | 8.68 | 3.58 | 5.12 |
Net earnings | -22.19 | 32.20 | -2.15 | 0.21 | 2.93 |
Shareholders equity total | 210.25 | 232.45 | 220.31 | 125.53 | 113.47 |
Balance sheet total (assets) | 337.09 | 682.41 | 319.23 | 173.50 | 170.01 |
Net debt | - 179.62 | - 161.07 | - 113.43 | -19.69 | -5.76 |
Profitability | |||||
EBIT-% | -5.6 % | 9.8 % | 2.1 % | 1.7 % | 2.4 % |
ROA | -6.8 % | 9.1 % | 1.7 % | 1.5 % | 3.0 % |
ROE | -9.6 % | 14.5 % | -0.9 % | 0.1 % | 2.4 % |
ROI | -10.2 % | 12.0 % | 2.3 % | 1.9 % | 4.1 % |
Economic value added (EVA) | -20.69 | 36.61 | 19.33 | -0.71 | -0.06 |
Solvency | |||||
Equity ratio | 62.4 % | 34.1 % | 69.0 % | 72.4 % | 66.7 % |
Gearing | 21.9 % | 121.9 % | 9.7 % | 2.1 % | 5.1 % |
Relative net indebtedness % | -21.4 % | 1.2 % | -8.5 % | 11.9 % | 20.9 % |
Liquidity | |||||
Quick ratio | 2.7 | 1.5 | 3.2 | 3.6 | 3.0 |
Current ratio | 2.7 | 1.5 | 3.2 | 3.6 | 3.0 |
Cash and cash equivalents | 225.76 | 444.43 | 134.79 | 22.30 | 11.55 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 48.6 | 25.8 | 85.3 | 132.0 | 209.0 |
Net working capital % | 45.5 % | 49.1 % | 52.1 % | 58.1 % | 52.7 % |
Credit risk | |||||
Credit rating | BB | BBB | BBB | BB | BB |
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