K.E. FROST ApS — Credit Rating and Financial Key Figures

CVR number: 20955503
Brinken 38, Hald Ege 8800 Viborg
tel: 86638876

Credit rating

Company information

Official name
K.E. FROST ApS
Personnel
1 person
Established
1998
Domicile
Hald Ege
Company form
Private limited company
Industry

About K.E. FROST ApS

K.E. FROST ApS (CVR number: 20955503) is a company from VIBORG. The company reported a net sales of -0 mDKK in 2023, demonstrating a growth of -7 % compared to the previous year. The operating profit percentage was poor at 0 % (EBIT: -1.1 mDKK), while net earnings were -568.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was -5.6 %, which can be considered poor and Return on Equity (ROE) was -5.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 95.7 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. K.E. FROST ApS's liquidity measured by quick ratio was 22.2 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

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales- 124.75-37.24-45.90-36.07-33.56
Gross profit- 246.37- 128.79- 103.75-66.52-98.14
EBIT- 291.37- 188.79- 217.75- 198.52-1 129.07
Net earnings47.71-9.18748.08-1 478.90- 568.09
Shareholders equity total11 900.7211 091.5411 726.6310 133.339 447.44
Balance sheet total (assets)12 000.2511 282.2512 201.4110 598.509 870.15
Net debt-9 046.65-8 272.07-9 194.13-7 637.93-6 896.61
Profitability
EBIT-%
ROA0.8 %0.7 %8.3 %-0.4 %-5.6 %
ROE0.4 %-0.1 %6.6 %-13.5 %-5.8 %
ROI0.8 %0.7 %8.5 %-0.4 %-5.8 %
Economic value added (EVA)- 326.02- 308.24- 287.15- 305.99-1 236.50
Solvency
Equity ratio99.2 %98.3 %96.1 %95.6 %95.7 %
Gearing
Relative net indebtedness %7172.0 %21703.1 %18995.6 %19884.5 %19291.1 %
Liquidity
Quick ratio114.356.143.421.722.2
Current ratio114.356.143.421.722.2
Cash and cash equivalents9 046.658 272.079 194.137 637.936 896.61
Capital use efficiency
Trade debtors turnover (days)
Net working capital %-1807.3 %-6386.0 %-4831.4 %-5550.9 %-6196.7 %
Credit risk
Credit ratingBBBBBBABBBBBB

Variable visualization

ROA:-5.55%
Rating: 14/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:95.7%
Rating: 77/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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