ENTREPRENØR KURT FRANDSEN & SØN A/S — Credit Rating and Financial Key Figures

CVR number: 10982340
Lakkendrupvej 14, 5892 Gudbjerg Sydfyn
tel: 62251972

Company information

Official name
ENTREPRENØR KURT FRANDSEN & SØN A/S
Personnel
4 persons
Established
1987
Company form
Limited company
Industry

About ENTREPRENØR KURT FRANDSEN & SØN A/S

ENTREPRENØR KURT FRANDSEN & SØN A/S (CVR number: 10982340) is a company from SVENDBORG. The company recorded a gross profit of 2531.3 kDKK in 2023. The operating profit was 967.3 kDKK, while net earnings were 1734 kDKK. The profitability of the company measured by Return on Assets (ROA) was 16.7 %, which can be considered excellent but Return on Equity (ROE) was 14.7 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 89.2 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. ENTREPRENØR KURT FRANDSEN & SØN A/S's liquidity measured by quick ratio was 16.5 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit2 319.152 719.133 115.072 626.512 531.26
EBIT854.471 157.961 473.801 196.01967.30
Net earnings580.551 548.44655.971 342.871 733.97
Shareholders equity total10 405.1511 453.5911 109.5611 452.4312 186.41
Balance sheet total (assets)11 504.7412 912.3112 257.2012 851.8813 660.22
Net debt-9 183.28-9 926.14-9 956.96-9 471.79-10 213.08
Profitability
EBIT-%
ROA9.2 %16.7 %13.6 %13.9 %16.7 %
ROE5.5 %14.2 %5.8 %11.9 %14.7 %
ROI10.2 %18.1 %14.8 %15.0 %18.1 %
Economic value added (EVA)569.03836.971 083.55879.46659.40
Solvency
Equity ratio90.4 %88.7 %90.6 %89.1 %89.2 %
Gearing0.3 %0.2 %0.2 %0.2 %0.3 %
Relative net indebtedness %
Liquidity
Quick ratio14.414.713.612.616.5
Current ratio14.414.713.612.616.5
Cash and cash equivalents9 209.829 945.149 980.959 499.9610 243.88
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAAAA

Variable visualization

ROA:16.7%
Rating: 69/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:89.2%
Rating: 69/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

Try the full version of our system for free
Bankruptcy risk visualization example

... and more!

No registration needed.