FINN FROGNE A/S — Credit Rating and Financial Key Figures

CVR number: 73249414
Ishøj Søndergade 19, 2635 Ishøj
tel: 43327733

Company information

Official name
FINN FROGNE A/S
Personnel
35 persons
Established
1983
Company form
Limited company
Industry

About FINN FROGNE A/S

FINN FROGNE A/S (CVR number: 73249414) is a company from ISHØJ. The company recorded a gross profit of 28.4 mDKK in 2023. The operating profit was 1440.2 kDKK, while net earnings were 1545.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.8 %, which can be considered decent but Return on Equity (ROE) was 2.9 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 48.1 %, 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 1.5 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit35 082.8326 821.2427 246.6436 345.8828 359.66
EBIT3 793.11-5 115.07588.8910 208.581 440.18
Net earnings3 882.34-2 294.111 976.869 692.201 545.24
Shareholders equity total67 475.1765 181.0667 157.9276 850.1228 785.55
Balance sheet total (assets)106 141.09106 264.12116 618.45122 582.9359 869.54
Net debt26 857.9824 884.3538 115.3732 220.9120 943.39
Profitability
EBIT-%
ROA6.1 %-1.2 %4.2 %12.3 %5.8 %
ROE5.9 %-3.5 %3.0 %13.5 %2.9 %
ROI6.9 %-1.3 %4.6 %13.4 %6.5 %
Economic value added (EVA)-8.82-7 274.66-2 592.323 968.24-2 661.10
Solvency
Equity ratio63.6 %61.3 %57.6 %62.7 %48.1 %
Gearing41.0 %40.7 %58.1 %42.9 %83.0 %
Relative net indebtedness %
Liquidity
Quick ratio2.12.23.22.41.5
Current ratio2.62.63.62.71.9
Cash and cash equivalents815.061 636.29914.77718.142 950.89
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAAAAA

Variable visualization

ROA:5.80%
Rating: 45/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:48.1%
Rating: 39/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Board member

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