FRANDSEN HOLDING PANDRUP ApS — Credit Rating and Financial Key Figures

CVR number: 34584893
Vibevej 10, 9490 Pandrup

Credit rating

Company information

Official name
FRANDSEN HOLDING PANDRUP ApS
Established
2012
Company form
Private limited company
Industry

About FRANDSEN HOLDING PANDRUP ApS

FRANDSEN HOLDING PANDRUP ApS (CVR number: 34584893) is a company from JAMMERBUGT. The company recorded a gross profit of -3.1 kDKK in 2022. The operating profit was -3.1 kDKK, while net earnings were -71.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7 %, which can be considered decent but Return on Equity (ROE) was -25.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -44.4 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. FRANDSEN HOLDING PANDRUP ApS's liquidity measured by quick ratio was 0 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
2018
2019
2020
2021
2022
Volume
Net sales
Gross profit-5.00-5.14-9.68-7.38-3.13
EBIT-5.00-5.14-9.68-7.38-3.13
Net earnings-25.10- 236.37-27.87-15.65-71.88
Shareholders equity total140.32-96.05- 123.92- 139.57- 211.46
Balance sheet total (assets)510.35300.00300.00300.04265.04
Net debt365.03391.05418.92433.95467.71
Profitability
EBIT-%
ROA-1.0 %-47.5 %-2.4 %-1.7 %7.0 %
ROE-17.9 %-107.4 %-9.3 %-5.2 %-25.4 %
ROI-1.0 %45.8 %-2.4 %-1.7 %-8.5 %
Economic value added (EVA)13.5913.45-4.86-1.163.89
Solvency
Equity ratio27.5 %-24.3 %-29.2 %-31.7 %-44.4 %
Gearing260.1 %-407.1 %-338.0 %-310.9 %-221.2 %
Relative net indebtedness %
Liquidity
Quick ratio0.00.0
Current ratio0.00.0
Cash and cash equivalents0.040.04
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:6.96%
Rating: 48/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-44.4%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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