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FRS HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 31430283
Fiilsøvej 6, 6840 Oksbøl
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Company information

Official name
FRS HOLDING ApS
Established
2008
Company form
Private limited company
Industry

About FRS HOLDING ApS

FRS HOLDING ApS (CVR number: 31430283) is a company from VARDE. The company recorded a gross profit of 99.7 kDKK in 2025. The operating profit was 44.9 kDKK, while net earnings were -78.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.4 %, which can be considered weak but Return on Equity (ROE) was -1.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 54.4 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. FRS HOLDING ApS's liquidity measured by quick ratio was 6.2 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

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2021
2022
2023
2024
2025
Volume
Net sales75.47-1.75
Gross profit419.45528.15350.50287.7999.71
EBIT389.48355.25223.05103.6144.88
Net earnings474.95549.1469.83-47.39-78.35
Shareholders equity total4 333.684 768.424 720.454 551.064 337.71
Balance sheet total (assets)8 308.888 762.738 540.848 284.467 978.52
Net debt3 296.653 753.763 703.303 115.523 289.68
Profitability
EBIT-%470.7 %
ROA7.6 %9.5 %2.6 %-0.1 %0.4 %
ROE11.4 %12.1 %1.5 %-1.0 %-1.8 %
ROI7.8 %9.7 %2.6 %-0.1 %0.4 %
Economic value added (EVA)- 135.18- 120.99- 259.49- 344.78- 375.35
Solvency
Equity ratio52.2 %54.4 %55.3 %54.9 %54.4 %
Gearing86.5 %79.7 %78.5 %79.3 %82.1 %
Relative net indebtedness %5232.3 %-218402.1 %
Liquidity
Quick ratio5.57.522.115.36.2
Current ratio5.57.522.115.36.2
Cash and cash equivalents452.5645.692.72495.10271.03
Capital use efficiency
Trade debtors turnover (days)-0.00.2
Net working capital %961.7 %-36668.5 %
Credit risk
Credit ratingAAAAAAA

Variable visualization

ROA:0.44%
Rating: 22/100
-20%
0%
4%
11%
24%
60%
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Equity ratio:54.4%
Rating: 43/100
-1%
21%
50%
81%
99%
100%
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