FRR INVEST, SKAGEN ApS — Credit Rating and Financial Key Figures

CVR number: 36988746
Corasvej 31, 9990 Skagen

Credit rating

Company information

Official name
FRR INVEST, SKAGEN ApS
Personnel
1 person
Established
2015
Company form
Private limited company
Industry

About FRR INVEST, SKAGEN ApS

FRR INVEST, SKAGEN ApS (CVR number: 36988746) is a company from FREDERIKSHAVN. The company recorded a gross profit of -49.9 kDKK in 2023. The operating profit was -153.9 kDKK, while net earnings were 1412.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 8.7 %, which can be considered good but Return on Equity (ROE) was 6.7 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 99.9 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. FRR INVEST, SKAGEN ApS's liquidity measured by quick ratio was 1318 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 profit-22.13-22.05-27.48-24.54-49.93
EBIT-22.13-22.05- 127.39- 127.27- 153.94
Net earnings1 764.9023.241 561.42-2 276.981 412.19
Shareholders equity total23 370.7722 694.0023 605.4320 678.4521 540.64
Balance sheet total (assets)23 497.8822 706.0024 125.0521 100.0121 557.00
Net debt-23 473.86-22 456.33-24 109.98-20 099.00-21 268.99
Profitability
EBIT-%
ROA9.9 %4.4 %8.6 %6.2 %8.7 %
ROE7.7 %0.1 %6.7 %-10.3 %6.7 %
ROI10.0 %4.4 %8.7 %6.3 %8.8 %
Economic value added (EVA)-27.05-11.97- 111.24-73.91- 148.65
Solvency
Equity ratio99.5 %99.9 %97.8 %98.0 %99.9 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio184.91 892.246.450.11 318.0
Current ratio184.91 892.246.450.11 318.0
Cash and cash equivalents23 473.8622 456.3324 109.9820 099.0021 268.99
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:8.67%
Rating: 53/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:99.9%
Rating: 99/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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