Frank Vester Holding ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Frank Vester Holding ApS
Frank Vester Holding ApS (CVR number: 39195984) is a company from FAVRSKOV. The company recorded a gross profit of -12.2 kDKK in 2023. The operating profit was -12.2 kDKK, while net earnings were 1644.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 44 %, which can be considered excellent and Return on Equity (ROE) was 58.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 98.5 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Frank Vester Holding ApS's liquidity measured by quick ratio was 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -7.57 | -7.61 | -21.26 | -11.42 | -12.23 |
EBIT | -7.57 | -25.11 | -22.31 | -11.42 | -12.23 |
Net earnings | 183.01 | 275.23 | 508.50 | 468.69 | 1 644.08 |
Shareholders equity total | 921.75 | 1 141.68 | 1 593.69 | 2 005.17 | 3 590.35 |
Balance sheet total (assets) | 1 132.49 | 1 178.58 | 3 374.00 | 3 845.25 | 3 645.76 |
Net debt | 30.86 | - 278.58 | -74.00 | - 545.25 | - 345.76 |
Profitability | |||||
EBIT-% | |||||
ROA | 17.7 % | 24.3 % | 22.5 % | 13.0 % | 44.0 % |
ROE | 21.3 % | 26.7 % | 37.2 % | 26.0 % | 58.8 % |
ROI | 18.4 % | 25.4 % | 37.4 % | 26.1 % | 58.8 % |
Economic value added (EVA) | -34.79 | -54.91 | -65.68 | 73.02 | 75.21 |
Solvency | |||||
Equity ratio | 81.4 % | 96.9 % | 47.2 % | 52.1 % | 98.5 % |
Gearing | 15.5 % | ||||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.0 | 10.3 | 0.1 | 0.4 | 8.0 |
Current ratio | 1.0 | 10.3 | 0.1 | 0.4 | 8.0 |
Cash and cash equivalents | 111.74 | 278.58 | 74.00 | 545.25 | 345.76 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | A | A | A | A |
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