FRANDSEN INVEST ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About FRANDSEN INVEST ApS
FRANDSEN INVEST ApS (CVR number: 32087353) is a company from VIBORG. The company recorded a gross profit of 772.4 kDKK in 2023. The operating profit was 482.3 kDKK, while net earnings were -87.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.1 %, which can be considered weak but Return on Equity (ROE) was -2.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 23.5 %, 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. FRANDSEN INVEST ApS's liquidity measured by quick ratio was 0.7 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 634.19 | 648.44 | 711.17 | 621.28 | 772.37 |
EBIT | 495.77 | 505.01 | 567.73 | 468.77 | 482.31 |
Net earnings | 270.81 | 259.49 | 330.75 | 212.42 | -87.71 |
Shareholders equity total | 3 210.03 | 3 473.44 | 3 808.11 | 4 024.46 | 3 940.67 |
Balance sheet total (assets) | 11 648.08 | 12 363.64 | 11 560.42 | 14 435.58 | 16 808.20 |
Net debt | 5 224.45 | 5 338.40 | 5 070.70 | 10 057.58 | 11 836.38 |
Profitability | |||||
EBIT-% | |||||
ROA | 4.6 % | 4.6 % | 4.8 % | 3.6 % | 3.1 % |
ROE | 8.8 % | 7.8 % | 9.1 % | 5.4 % | -2.2 % |
ROI | 6.1 % | 6.3 % | 6.4 % | 4.0 % | 3.1 % |
Economic value added (EVA) | -26.67 | -49.32 | 27.23 | -56.66 | - 105.10 |
Solvency | |||||
Equity ratio | 27.6 % | 28.1 % | 32.9 % | 27.9 % | 23.5 % |
Gearing | 163.1 % | 153.7 % | 133.5 % | 250.2 % | 301.6 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.2 | 0.4 | 0.0 | 0.3 | 0.7 |
Current ratio | 0.2 | 0.4 | 0.0 | 0.3 | 0.7 |
Cash and cash equivalents | 10.04 | 0.05 | 14.22 | 12.14 | 48.90 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | A | A | A | A |
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