FROST EJENDOM ApS — Credit Rating and Financial Key Figures

CVR number: 88536118
Blokhusvej 20, 9490 Pandrup
mail@frosterhverv.dk
tel: 21204700

Credit rating

Company information

Official name
FROST EJENDOM ApS
Established
1979
Company form
Private limited company
Industry

About FROST EJENDOM ApS

FROST EJENDOM ApS (CVR number: 88536118) is a company from JAMMERBUGT. The company recorded a gross profit of 102.8 kDKK in 2023. The operating profit was 102.8 kDKK, while net earnings were -747.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was -18.2 %, which can be considered poor and Return on Equity (ROE) was -23.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 63.1 %, 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. FROST EJENDOM ApS's liquidity measured by quick ratio was 0.2 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

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 profit314.82141.75328.20245.05102.75
EBIT314.82141.75328.20245.05102.75
Net earnings218.2956.25228.87160.00- 747.68
Shareholders equity total3 116.193 172.443 401.303 561.302 813.62
Balance sheet total (assets)5 452.985 300.885 371.525 400.144 457.60
Net debt2 008.761 814.141 535.331 405.601 454.44
Profitability
EBIT-%
ROA5.8 %2.6 %6.2 %4.5 %-18.2 %
ROE7.3 %1.8 %7.0 %4.6 %-23.5 %
ROI5.8 %2.7 %6.3 %4.6 %-18.4 %
Economic value added (EVA)38.40- 145.3031.97-30.29- 141.27
Solvency
Equity ratio57.1 %59.8 %63.3 %65.9 %63.1 %
Gearing64.5 %57.2 %47.2 %42.2 %53.5 %
Relative net indebtedness %
Liquidity
Quick ratio0.00.00.10.20.2
Current ratio0.00.00.10.20.2
Cash and cash equivalents0.8871.5298.5651.88
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAABBB

Variable visualization

ROA:-18.2%
Rating: 2/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:63.1%
Rating: 48/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chief executive officer

Companies in the same industry

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

... and more!

No registration needed.