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 1406 kDKK in 2023. The operating profit was -445.7 kDKK, while net earnings were -365.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -14.1 %, which can be considered poor and Return on Equity (ROE) was -19.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 54.5 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. FRANDSEN FRUGT A/S's liquidity measured by quick ratio was 1.6 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 financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 2 544.84 | 2 459.39 | 2 421.30 | 2 115.15 | 1 406.04 |
EBIT | - 243.03 | 38.93 | 243.49 | 59.69 | - 445.71 |
Net earnings | - 201.27 | 13.96 | 174.08 | 29.62 | - 365.89 |
Shareholders equity total | 1 799.73 | 1 813.69 | 1 987.77 | 2 017.39 | 1 651.50 |
Balance sheet total (assets) | 3 186.85 | 3 586.24 | 4 146.11 | 3 276.84 | 3 030.17 |
Net debt | - 651.38 | - 789.98 | - 732.66 | -1 006.70 | - 708.73 |
Profitability | |||||
EBIT-% | |||||
ROA | -7.0 % | 1.1 % | 6.4 % | 1.6 % | -14.1 % |
ROE | -10.5 % | 0.8 % | 9.2 % | 1.5 % | -19.9 % |
ROI | -11.0 % | 2.0 % | 11.9 % | 2.5 % | -19.0 % |
Economic value added (EVA) | - 253.60 | -21.31 | 138.24 | -3.03 | - 385.45 |
Solvency | |||||
Equity ratio | 56.5 % | 50.6 % | 47.9 % | 61.6 % | 54.5 % |
Gearing | 6.9 % | 13.9 % | 19.1 % | 36.5 % | |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.3 | 1.4 | 1.5 | 1.8 | 1.6 |
Current ratio | 1.7 | 1.7 | 1.7 | 2.3 | 2.0 |
Cash and cash equivalents | 775.70 | 789.98 | 1 009.19 | 1 392.44 | 1 310.84 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | A | A | BBB |
Variable visualization
Companies in the same industry
- Professional credit risk reports
- Create your own estimates for any company
- Valuation analysis
- All 400,000+ Danish companies
- See instructions

... and more!
No registration needed.