Frausing & Søn ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Frausing & Søn ApS
Frausing & Søn ApS (CVR number: 41711469) is a company from KØBENHAVN. The company recorded a gross profit of -64.6 kDKK in 2023. The operating profit was -161.2 kDKK, while net earnings were -130.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -15 %, which can be considered poor and Return on Equity (ROE) was -70.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 53.9 %, 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. Frausing & Søn ApS's liquidity measured by quick ratio was 2.2 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2021 | 2022 | 2023 | |
|---|---|---|---|
| Volume | |||
| Net sales | |||
| Gross profit | 97.17 | 531.44 | -64.62 |
| EBIT | 97.17 | 245.63 | - 161.20 |
| Net earnings | 72.49 | 189.88 | - 130.86 |
| Shareholders equity total | 112.49 | 302.37 | 67.71 |
| Balance sheet total (assets) | 1 214.68 | 1 563.14 | 125.62 |
| Net debt | 1 048.79 | 962.70 | -97.11 |
| Profitability | |||
| EBIT-% | |||
| ROA | 8.0 % | 17.7 % | -15.0 % |
| ROE | 64.4 % | 91.5 % | -70.7 % |
| ROI | 8.2 % | 19.2 % | -17.5 % |
| Economic value added (EVA) | 75.19 | 186.87 | - 170.74 |
| Solvency | |||
| Equity ratio | 9.3 % | 19.3 % | 53.9 % |
| Gearing | 955.8 % | 355.6 % | |
| Relative net indebtedness % | |||
| Liquidity | |||
| Quick ratio | 0.0 | 0.3 | 2.2 |
| Current ratio | 0.0 | 0.3 | 2.2 |
| Cash and cash equivalents | 26.36 | 112.44 | 97.11 |
| Capital use efficiency | |||
| Trade debtors turnover (days) | |||
| Net working capital % | |||
| Credit risk | |||
| Credit rating | BBB | BBB | B |
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