Frøstrup Transport ApS — Credit Rating and Financial Key Figures

CVR number: 41483180
Kærhavebakken 19, 9270 Klarup

Credit rating

Company information

Official name
Frøstrup Transport ApS
Personnel
34 persons
Established
2020
Company form
Private limited company
Industry

About Frøstrup Transport ApS

Frøstrup Transport ApS (CVR number: 41483180) is a company from AALBORG. The company recorded a gross profit of 9314 kDKK in 2023. The operating profit was 551.2 kDKK, while net earnings were 372.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 20.3 %, which can be considered excellent and Return on Equity (ROE) was 49.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 32.5 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Frøstrup Transport ApS's liquidity measured by quick ratio was 1.2 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2021
2022
2023
Volume
Net sales
Gross profit7 940.489 965.229 313.97
EBIT586.68612.16551.23
Net earnings430.21449.20372.31
Shareholders equity total470.21619.41891.72
Balance sheet total (assets)2 039.132 693.472 742.25
Net debt- 260.32683.57- 316.18
Profitability
EBIT-%
ROA28.8 %25.9 %20.3 %
ROE91.5 %82.5 %49.3 %
ROI124.8 %69.0 %49.8 %
Economic value added (EVA)450.31454.30370.98
Solvency
Equity ratio23.1 %23.0 %32.5 %
Gearing110.4 %
Relative net indebtedness %
Liquidity
Quick ratio1.31.31.2
Current ratio1.31.31.2
Cash and cash equivalents260.32316.18
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBB

Variable visualization

ROA:20.3%
Rating: 74/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:32.5%
Rating: 28/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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