FINN FROGNE A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About FINN FROGNE A/S
FINN FROGNE A/S (CVR number: 73249414) is a company from ISHØJ. The company recorded a gross profit of 22.8 mDKK in 2024. The operating profit was -2783.8 kDKK, while net earnings were -2525.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was -0.9 %, which can be considered poor and Return on Equity (ROE) was -9.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 41.6 %, 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. FINN FROGNE A/S's liquidity measured by quick ratio was 1.3 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 26 821.24 | 27 246.64 | 36 345.88 | 28 359.66 | 22 844.53 |
EBIT | -5 115.07 | 588.89 | 10 208.58 | 1 440.18 | -2 783.77 |
Net earnings | -2 294.11 | 1 976.86 | 9 692.20 | 1 545.24 | -2 525.07 |
Shareholders equity total | 65 181.06 | 67 157.92 | 76 850.12 | 28 785.55 | 25 010.47 |
Balance sheet total (assets) | 106 264.12 | 116 618.45 | 122 582.93 | 59 869.54 | 60 348.42 |
Net debt | 24 884.35 | 38 115.37 | 32 220.91 | 20 943.39 | 28 279.25 |
Profitability | |||||
EBIT-% | |||||
ROA | -1.2 % | 4.2 % | 12.3 % | 5.8 % | -0.9 % |
ROE | -3.5 % | 3.0 % | 13.5 % | 2.9 % | -9.4 % |
ROI | -1.3 % | 4.6 % | 13.4 % | 6.5 % | -1.1 % |
Economic value added (EVA) | -9 007.20 | -4 247.90 | 2 542.38 | -4 497.40 | -4 893.92 |
Solvency | |||||
Equity ratio | 61.3 % | 57.6 % | 62.7 % | 48.1 % | 41.6 % |
Gearing | 40.7 % | 58.1 % | 42.9 % | 83.0 % | 113.6 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 2.2 | 3.2 | 2.4 | 1.5 | 1.3 |
Current ratio | 2.6 | 3.6 | 2.7 | 1.9 | 1.6 |
Cash and cash equivalents | 1 636.29 | 914.77 | 718.14 | 2 950.89 | 123.26 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | A | A | A | BBB |
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