FR Installation ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About FR Installation ApS
FR Installation ApS (CVR number: 38915649) is a company from GREVE. The company recorded a gross profit of 2277.1 kDKK in 2024. The operating profit was -69.3 kDKK, while net earnings were -36.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -4.8 %, which can be considered poor and Return on Equity (ROE) was -13.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 30 %, 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. FR Installation ApS's liquidity measured by quick ratio was 1.4 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | 1 310.38 | 1 917.50 | 1 930.83 | 1 547.37 | 2 277.10 |
| EBIT | 184.03 | 467.79 | 94.64 | - 245.51 | -69.29 |
| Net earnings | 144.31 | 349.81 | 72.31 | - 239.29 | -36.80 |
| Shareholders equity total | 220.16 | 569.97 | 585.08 | 286.89 | 250.09 |
| Balance sheet total (assets) | 645.84 | 1 187.33 | 999.36 | 737.28 | 832.53 |
| Net debt | - 348.85 | - 575.72 | - 528.94 | - 426.79 | - 301.63 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 38.9 % | 51.1 % | 8.7 % | -28.2 % | -4.8 % |
| ROE | 97.5 % | 88.5 % | 12.5 % | -54.9 % | -13.7 % |
| ROI | 98.7 % | 94.2 % | 14.7 % | -55.8 % | -14.0 % |
| Economic value added (EVA) | 142.00 | 340.63 | 47.05 | - 269.51 | -82.24 |
| Solvency | |||||
| Equity ratio | 34.1 % | 48.0 % | 58.5 % | 38.9 % | 30.0 % |
| Gearing | 10.3 % | 2.7 % | |||
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 1.6 | 2.1 | 2.4 | 1.5 | 1.4 |
| Current ratio | 1.6 | 2.1 | 2.4 | 1.5 | 1.4 |
| Cash and cash equivalents | 371.60 | 590.88 | 528.94 | 426.79 | 301.63 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BB | BBB | BBB | BBB | BBB |
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