FRANDSEN FRUGT A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About FRANDSEN FRUGT A/S
FRANDSEN FRUGT A/S (CVR number: 32280714) is a company from HORSENS. The company recorded a gross profit of 1351 kDKK in 2024. The operating profit was -393.2 kDKK, while net earnings were -306.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was -16.1 %, which can be considered poor and Return on Equity (ROE) was -20.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 72.7 %, 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. FRANDSEN FRUGT A/S's liquidity measured by quick ratio was 2.1 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 | 2 459.39 | 2 421.30 | 2 115.15 | 1 379.54 | 1 350.97 |
| EBIT | 38.93 | 243.49 | 59.69 | - 445.71 | - 393.21 |
| Net earnings | 13.96 | 174.08 | 29.62 | - 365.89 | - 306.70 |
| Shareholders equity total | 1 813.69 | 1 987.77 | 2 017.39 | 1 651.50 | 1 344.80 |
| Balance sheet total (assets) | 3 586.24 | 4 146.11 | 3 276.84 | 3 030.17 | 1 850.66 |
| Net debt | - 789.98 | - 732.66 | -1 006.70 | - 708.73 | - 311.25 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 1.1 % | 6.4 % | 1.6 % | -14.1 % | -16.1 % |
| ROE | 0.8 % | 9.2 % | 1.5 % | -19.9 % | -20.5 % |
| ROI | 2.0 % | 11.9 % | 2.5 % | -19.0 % | -21.5 % |
| Economic value added (EVA) | -68.86 | 95.68 | -68.98 | - 476.20 | - 419.95 |
| Solvency | |||||
| Equity ratio | 50.6 % | 47.9 % | 61.6 % | 54.5 % | 72.7 % |
| Gearing | 13.9 % | 19.1 % | 36.5 % | 4.9 % | |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 1.4 | 1.5 | 1.8 | 1.6 | 2.1 |
| Current ratio | 1.7 | 1.7 | 2.3 | 2.0 | 3.3 |
| Cash and cash equivalents | 789.98 | 1 009.19 | 1 392.44 | 1 310.84 | 377.57 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BBB | BBB | BBB | BBB | BBB |
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