FRANK JØRGENSEN ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About FRANK JØRGENSEN ApS
FRANK JØRGENSEN ApS (CVR number: 27394663) is a company from AARHUS. The company recorded a gross profit of 123.7 kDKK in 2023. The operating profit was -142.2 kDKK, while net earnings were -141.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -30.2 %, which can be considered poor and Return on Equity (ROE) was -56.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 45.4 %, 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. FRANK JØRGENSEN ApS's liquidity measured by quick ratio was 1.2 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 259.52 | 237.90 | 447.27 | 266.24 | 123.74 |
EBIT | -15.16 | -34.83 | 233.18 | -39.94 | - 142.19 |
Net earnings | -15.96 | -29.51 | 181.22 | -40.39 | - 141.88 |
Shareholders equity total | 211.67 | 182.16 | 361.12 | 320.73 | 178.85 |
Balance sheet total (assets) | 506.16 | 440.52 | 641.37 | 549.22 | 393.64 |
Net debt | 72.13 | - 143.86 | -77.44 | -76.86 | 49.28 |
Profitability | |||||
EBIT-% | |||||
ROA | -2.6 % | -7.4 % | 43.1 % | -6.7 % | -30.2 % |
ROE | -5.8 % | -15.0 % | 66.7 % | -11.8 % | -56.8 % |
ROI | -4.5 % | -12.6 % | 73.7 % | -10.7 % | -48.0 % |
Economic value added (EVA) | -20.18 | -38.04 | 181.16 | -51.13 | - 149.31 |
Solvency | |||||
Equity ratio | 41.8 % | 41.4 % | 56.3 % | 58.4 % | 45.4 % |
Gearing | 34.1 % | 11.6 % | 3.4 % | 4.3 % | 27.6 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.3 | 1.5 | 1.4 | 1.6 | 1.2 |
Current ratio | 1.3 | 1.5 | 1.4 | 1.6 | 1.2 |
Cash and cash equivalents | 165.02 | 89.59 | 90.81 | ||
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BBB |
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