FRANDSEN INVEST ApS — Credit Rating and Financial Key Figures

CVR number: 32087353
Randersvej 61, 8800 Viborg

Company information

Official name
FRANDSEN INVEST ApS
Established
2009
Company form
Private limited company
Industry

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit634.19648.44711.17621.28772.37
EBIT495.77505.01567.73468.77482.31
Net earnings270.81259.49330.75212.42-87.71
Shareholders equity total3 210.033 473.443 808.114 024.463 940.67
Balance sheet total (assets)11 648.0812 363.6411 560.4214 435.5816 808.20
Net debt5 224.455 338.405 070.7010 057.5811 836.38
Profitability
EBIT-%
ROA4.6 %4.6 %4.8 %3.6 %3.1 %
ROE8.8 %7.8 %9.1 %5.4 %-2.2 %
ROI6.1 %6.3 %6.4 %4.0 %3.1 %
Economic value added (EVA)-26.67-49.3227.23-56.66- 105.10
Solvency
Equity ratio27.6 %28.1 %32.9 %27.9 %23.5 %
Gearing163.1 %153.7 %133.5 %250.2 %301.6 %
Relative net indebtedness %
Liquidity
Quick ratio0.20.40.00.30.7
Current ratio0.20.40.00.30.7
Cash and cash equivalents10.040.0514.2212.1448.90
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:3.09%
Rating: 35/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:23.5%
Rating: 22/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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