Kenneth Frandsen Holding ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Kenneth Frandsen Holding ApS
Kenneth Frandsen Holding ApS (CVR number: 39991675) is a company from ESBJERG. The company recorded a gross profit of -1.2 kDKK in 2024. The operating profit was -1.2 kDKK, while net earnings were 708.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 56.8 %, which can be considered excellent and Return on Equity (ROE) was 84.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 68.2 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. Kenneth Frandsen Holding ApS's liquidity measured by quick ratio was 1.5 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 | -1.88 | -0.78 | -0.07 | -1.94 | -1.25 |
EBIT | -1.88 | -0.78 | -0.07 | -1.94 | -1.25 |
Net earnings | 148.15 | - 100.39 | 234.66 | 196.29 | 708.79 |
Shareholders equity total | 518.68 | 305.28 | 439.94 | 541.23 | 1 128.02 |
Balance sheet total (assets) | 856.03 | 551.33 | 839.20 | 884.29 | 1 653.92 |
Net debt | 46.24 | -49.13 | 35.39 | -7.81 | - 107.13 |
Profitability | |||||
EBIT-% | |||||
ROA | 18.9 % | -12.4 % | 38.2 % | 24.9 % | 56.8 % |
ROE | 29.6 % | -24.4 % | 63.0 % | 40.0 % | 84.9 % |
ROI | 20.5 % | -12.5 % | 38.4 % | 24.9 % | 57.7 % |
Economic value added (EVA) | -37.01 | -43.70 | -27.63 | -43.56 | -45.34 |
Solvency | |||||
Equity ratio | 60.6 % | 55.4 % | 52.4 % | 61.2 % | 68.2 % |
Gearing | 64.7 % | 79.8 % | 90.2 % | 62.9 % | 43.3 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.6 | 1.4 | 1.2 | 1.5 | 1.5 |
Current ratio | 1.6 | 1.4 | 1.2 | 1.5 | 1.5 |
Cash and cash equivalents | 289.23 | 292.68 | 361.36 | 348.37 | 595.67 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BB | BBB | BBB | BBB |
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