Frahm´s bageri ApS — Credit Rating and Financial Key Figures

CVR number: 39451301
Bredgade 40, 6830 Nørre Nebel

Credit rating

Company information

Official name
Frahm´s bageri ApS
Personnel
33 persons
Established
2018
Company form
Private limited company
Industry

About Frahm´s bageri ApS

Frahm´s bageri ApS (CVR number: 39451301) is a company from VARDE. The company recorded a gross profit of 4694.2 kDKK in 2024. The operating profit was 132.1 kDKK, while net earnings were -23.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.7 %, which can be considered weak but Return on Equity (ROE) was -3.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 18.7 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. Frahm´s bageri ApS's liquidity measured by quick ratio was 0.6 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit4 045.674 973.365 006.104 086.764 694.23
EBIT237.64302.83302.23- 446.38132.13
Net earnings145.20203.01228.72- 422.75-23.93
Shareholders equity total853.181 000.891 173.11709.56685.63
Balance sheet total (assets)3 073.842 899.982 529.923 539.743 656.73
Net debt- 152.83-6.62-49.711 545.061 682.60
Profitability
EBIT-%
ROA7.7 %10.2 %11.8 %-14.6 %3.7 %
ROE17.0 %21.9 %21.0 %-44.9 %-3.4 %
ROI13.3 %17.4 %19.4 %-21.6 %5.0 %
Economic value added (EVA)184.87213.01198.06- 403.8425.95
Solvency
Equity ratio27.8 %34.5 %46.4 %20.0 %18.7 %
Gearing106.9 %69.5 %32.4 %252.3 %308.5 %
Relative net indebtedness %
Liquidity
Quick ratio0.80.70.50.40.6
Current ratio1.00.80.80.60.9
Cash and cash equivalents1 064.83702.62429.71244.90432.31
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:3.67%
Rating: 38/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:18.7%
Rating: 18/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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