Frøkjær Group ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Frøkjær Group ApS
Frøkjær Group ApS (CVR number: 38038575) is a company from KØBENHAVN. The company reported a net sales of 0 mDKK in 2023, demonstrating a decline of -92 % compared to the previous year. The operating profit percentage was at 68.2 % (EBIT: 0 mDKK), while net earnings were 26.2 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 4.5 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 68 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. Frøkjær Group ApS's liquidity measured by quick ratio was 1.8 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 162.90 | - 111.30 | 225.54 | 309.03 | 24.79 |
Gross profit | 155.90 | - 131.11 | 215.06 | 301.65 | 16.92 |
EBIT | 155.90 | - 131.11 | 215.06 | 301.65 | 16.92 |
Net earnings | 162.64 | -93.90 | 222.14 | 310.86 | 26.16 |
Shareholders equity total | 187.28 | 93.38 | 315.52 | 626.38 | 534.74 |
Balance sheet total (assets) | 396.16 | 180.12 | 622.50 | 994.18 | 786.10 |
Net debt | 80.87 | 25.30 | 25.30 | 25.30 | -64.68 |
Profitability | |||||
EBIT-% | 95.7 % | 95.4 % | 97.6 % | 68.2 % | |
ROA | 43.0 % | -43.2 % | 55.5 % | 39.2 % | 3.7 % |
ROE | 153.5 % | -66.9 % | 108.7 % | 66.0 % | 4.5 % |
ROI | 75.7 % | -64.3 % | 96.9 % | 63.9 % | 5.6 % |
Economic value added (EVA) | 179.98 | -92.59 | 213.96 | 306.22 | 24.99 |
Solvency | |||||
Equity ratio | 47.3 % | 51.8 % | 50.7 % | 63.0 % | 68.0 % |
Gearing | 43.2 % | 27.1 % | 8.0 % | 4.0 % | |
Relative net indebtedness % | 128.2 % | -77.9 % | 136.1 % | 119.0 % | 753.1 % |
Liquidity | |||||
Quick ratio | 0.6 | 0.6 | 0.8 | 1.0 | 1.8 |
Current ratio | 0.6 | 0.6 | 0.8 | 1.0 | 1.8 |
Cash and cash equivalents | 0.00 | 0.00 | 0.00 | 64.68 | |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | -51.7 % | 29.2 % | -20.7 % | -2.5 % | 818.5 % |
Credit risk | |||||
Credit rating | BB | BB | BBB | BBB | BBB |
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