FR Nordvest ApS — Credit Rating and Financial Key Figures

CVR number: 38666207
Sprogøvej 7, 7680 Thyborøn
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Company information

Official name
FR Nordvest ApS
Established
2017
Company form
Private limited company
Industry

About FR Nordvest ApS

FR Nordvest ApS (CVR number: 38666207) is a company from LEMVIG. The company recorded a gross profit of 52 kDKK in 2024. The operating profit was 31.9 kDKK, while net earnings were -28.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.1 %, which can be considered weak but Return on Equity (ROE) was -17.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 5.5 %, 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. FR Nordvest ApS's liquidity measured by quick ratio was 1 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

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 profit56.3956.1636.8922.0051.95
EBIT36.3936.1616.892.0031.95
Net earnings93.3578.2568.22-11.28-28.40
Shareholders equity total3 278.003 232.752 833.77177.49149.09
Balance sheet total (assets)3 317.583 278.072 869.423 071.662 703.15
Net debt- 113.58- 185.22- 190.25-2 571.22-2 312.64
Profitability
EBIT-%
ROA3.6 %3.1 %2.9 %0.1 %2.1 %
ROE2.8 %2.4 %2.2 %-0.7 %-17.4 %
ROI3.7 %3.2 %3.0 %0.2 %37.9 %
Economic value added (EVA)- 146.77- 136.61- 149.31- 140.8315.98
Solvency
Equity ratio98.8 %98.6 %98.8 %5.8 %5.5 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio75.765.772.61.01.0
Current ratio75.765.772.61.01.0
Cash and cash equivalents113.58185.22190.252 571.222 312.64
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBB

Variable visualization

ROA:2.14%
Rating: 31/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:5.52%
Rating: 6/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

Companies in the same industry

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