FRANK HALVORSEN HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 31857465
Bandsholmvej 45, Grårupgårde 9600 Aars

Company information

Official name
FRANK HALVORSEN HOLDING ApS
Personnel
1 person
Established
2008
Domicile
Grårupgårde
Company form
Private limited company
Industry

About FRANK HALVORSEN HOLDING ApS

FRANK HALVORSEN HOLDING ApS (CVR number: 31857465) is a company from VESTHIMMERLANDS. The company recorded a gross profit of -156 kDKK in 2024. The operating profit was -156.5 kDKK, while net earnings were 1283.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 10 %, which can be considered good but Return on Equity (ROE) was 7.8 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 94.7 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. FRANK HALVORSEN HOLDING ApS's liquidity measured by quick ratio was 82.5 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit- 114.29- 144.06- 144.02- 131.50- 155.97
EBIT- 114.29- 563.53- 506.29- 435.58- 156.54
Net earnings2 955.122 475.76-2 885.061 453.631 283.13
Shareholders equity total16 599.9018 962.6614 577.6015 913.4217 074.55
Balance sheet total (assets)18 037.0020 469.8216 496.3316 882.2518 029.28
Net debt-11 653.66-15 856.99-10 593.81-11 037.79-11 824.25
Profitability
EBIT-%
ROA21.2 %15.9 %-1.1 %9.0 %10.0 %
ROE19.3 %13.9 %-17.2 %9.5 %7.8 %
ROI21.6 %16.5 %-1.2 %9.3 %10.1 %
Economic value added (EVA)- 832.08-1 299.04-1 500.98-1 199.35- 992.08
Solvency
Equity ratio92.0 %92.6 %88.4 %94.3 %94.7 %
Gearing5.0 %4.4 %5.7 %5.2 %4.9 %
Relative net indebtedness %
Liquidity
Quick ratio20.625.210.687.182.5
Current ratio20.625.210.698.091.9
Cash and cash equivalents12 485.6616 688.9911 425.8111 869.8012 656.25
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAABBBAA

Variable visualization

ROA:9.98%
Rating: 57/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:94.7%
Rating: 75/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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