FROST-RASMUSSEN HOLDING ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About FROST-RASMUSSEN HOLDING ApS
FROST-RASMUSSEN HOLDING ApS (CVR number: 29131910) is a company from KØBENHAVN. The company recorded a gross profit of -64.8 kDKK in 2024. The operating profit was -64.8 kDKK, while net earnings were -2627.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -12.1 %, which can be considered poor and Return on Equity (ROE) was -13.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 98.2 %, 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 54 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 financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | - 153.39 | -68.06 | - 100.36 | -70.40 | -64.79 |
EBIT | - 153.39 | -68.06 | - 100.36 | -70.40 | -64.79 |
Net earnings | - 173.26 | - 222.39 | -1 400.13 | -2 420.05 | -2 627.86 |
Shareholders equity total | 27 184.35 | 26 905.46 | 24 655.33 | 21 635.90 | 18 400.65 |
Balance sheet total (assets) | 28 404.83 | 27 421.04 | 24 682.64 | 21 771.28 | 18 729.05 |
Net debt | -9 741.45 | -9 754.57 | -8 874.07 | -5 965.75 | -4 976.19 |
Profitability | |||||
EBIT-% | |||||
ROA | 3.8 % | 1.9 % | 0.3 % | -9.5 % | -12.1 % |
ROE | -0.6 % | -0.8 % | -5.4 % | -10.5 % | -13.1 % |
ROI | 3.9 % | 1.9 % | 0.3 % | -9.5 % | -12.1 % |
Economic value added (EVA) | -1 626.72 | -1 478.14 | -1 444.40 | -1 293.78 | -1 142.21 |
Solvency | |||||
Equity ratio | 95.7 % | 98.1 % | 99.9 % | 99.4 % | 98.2 % |
Gearing | 4.3 % | 1.0 % | 0.0 % | 0.5 % | 0.8 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 22.0 | 42.6 | 745.8 | 141.0 | 54.0 |
Current ratio | 22.0 | 42.6 | 745.8 | 141.0 | 54.0 |
Cash and cash equivalents | 10 922.29 | 10 034.30 | 8 876.38 | 6 076.13 | 5 118.95 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | A | BBB | BBB | BBB |
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