FROST-RASMUSSEN HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 29131910
Strandboulevarden 27, 2100 København Ø

Company information

Official name
FROST-RASMUSSEN HOLDING ApS
Established
2005
Company form
Private limited company
Industry

About FROST-RASMUSSEN HOLDING ApS

FROST-RASMUSSEN HOLDING ApS (CVR number: 29131910) is a company from KØBENHAVN. The company recorded a gross profit of -70.4 kDKK in 2023. The operating profit was -70.4 kDKK, while net earnings were -2420 kDKK. The profitability of the company measured by Return on Assets (ROA) was -9.5 %, which can be considered poor and Return on Equity (ROE) was -10.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 99.4 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. FROST-RASMUSSEN HOLDING ApS's liquidity measured by quick ratio was 141 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit-76.98- 153.39-68.06- 100.36-70.40
EBIT-76.98- 153.39-68.06- 100.36-70.40
Net earnings39.46- 173.26- 222.39-1 400.13-2 420.05
Shareholders equity total27 857.6127 184.3526 905.4624 655.3321 635.90
Balance sheet total (assets)29 320.0728 404.8327 421.0424 682.6421 771.28
Net debt-11 486.11-9 741.45-9 754.57-8 874.07-5 965.75
Profitability
EBIT-%
ROA1.8 %3.8 %1.9 %0.3 %-9.5 %
ROE0.1 %-0.6 %-0.8 %-5.4 %-10.5 %
ROI1.8 %3.9 %1.9 %0.3 %-9.5 %
Economic value added (EVA)- 656.25- 940.65- 825.77- 702.15- 630.58
Solvency
Equity ratio95.0 %95.7 %98.1 %99.9 %99.4 %
Gearing0.6 %4.3 %1.0 %0.0 %0.5 %
Relative net indebtedness %
Liquidity
Quick ratio18.722.042.6745.8141.0
Current ratio18.722.042.6745.8141.0
Cash and cash equivalents11 656.4210 922.2910 034.308 876.386 076.13
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:-9.49%
Rating: 11/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:99.4%
Rating: 90/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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