Rasmus Frandsen, 836 Seest ApS — Credit Rating and Financial Key Figures

CVR number: 42395536
Seestvej 2, 6000 Kolding

Company information

Official name
Rasmus Frandsen, 836 Seest ApS
Personnel
31 persons
Established
2021
Company form
Private limited company
Industry

About Rasmus Frandsen, 836 Seest ApS

Rasmus Frandsen, 836 Seest ApS (CVR number: 42395536) is a company from KOLDING. The company recorded a gross profit of 2663.3 kDKK in 2024. The operating profit was 105.6 kDKK, while net earnings were 24.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.7 %, which can be considered decent but Return on Equity (ROE) was 10 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 13.3 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. Rasmus Frandsen, 836 Seest ApS's liquidity measured by quick ratio was 0.5 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2021
2022
2023
2024
Volume
Net sales
Gross profit0.762.312.542 663.33
EBIT0.030.390.24105.61
Net earnings0.010.250.1324.87
Shareholders equity total0.310.560.57498.01
Balance sheet total (assets)2.303.373.063 733.45
Net debt-0.44-0.68-0.59-1 598.16
Profitability
EBIT-%
ROA1.2 %13.8 %7.4 %5.7 %
ROE2.3 %57.9 %23.5 %10.0 %
ROI8.7 %89.7 %42.0 %42.4 %
Economic value added (EVA)0.030.370.2181.74
Solvency
Equity ratio13.3 %16.5 %18.7 %13.3 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio0.30.30.40.5
Current ratio1.11.11.21.1
Cash and cash equivalents0.440.680.591 598.16
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBB

Variable visualization

ROA:5.68%
Rating: 45/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:13.3%
Rating: 13/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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