Frandsen Holding af 2018 ApS — Credit Rating and Financial Key Figures

CVR number: 39948575
Digevej 5, 2830 Virum

Credit rating

Company information

Official name
Frandsen Holding af 2018 ApS
Established
2018
Company form
Private limited company
Industry

About Frandsen Holding af 2018 ApS

Frandsen Holding af 2018 ApS (CVR number: 39948575) is a company from LYNGBY-TAARBÆK. The company recorded a gross profit of -10.6 kDKK in 2023. The operating profit was -10.6 kDKK, while net earnings were 85.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7.1 %, which can be considered decent and Return on Equity (ROE) was 7 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 98.8 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Frandsen Holding af 2018 ApS's liquidity measured by quick ratio was 86.1 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

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales297.85122.561 208.96
Gross profit288.60109.311 199.58-18.29-10.63
EBIT288.60109.311 199.58-18.29-10.63
Net earnings34.01-39.001 167.92-18.7985.64
Shareholders equity total470.22320.621 375.541 242.351 210.19
Balance sheet total (assets)493.24331.892 968.601 261.221 224.41
Net debt- 125.00- 117.06350.16-1 261.22-1 224.41
Profitability
EBIT-%96.9 %89.2 %99.2 %
ROA82.4 %62.2 %72.7 %-0.7 %7.1 %
ROE5.3 %-9.9 %137.7 %-1.4 %7.0 %
ROI4.9 %-9.6 %73.1 %-0.7 %7.2 %
Economic value added (EVA)346.88135.251 222.3569.5616.02
Solvency
Equity ratio95.3 %96.6 %46.3 %98.5 %98.8 %
Gearing1.6 %115.1 %
Relative net indebtedness %-36.8 %-86.3 %29.7 %
Liquidity
Quick ratio6.313.91.066.886.1
Current ratio6.313.91.066.886.1
Cash and cash equivalents132.63117.061 233.531 261.221 224.41
Capital use efficiency
Trade debtors turnover (days)
Net working capital %41.2 %118.7 %-0.7 %
Credit risk
Credit ratingBBBBBBABBBBBB

Variable visualization

ROA:7.07%
Rating: 49/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:98.8%
Rating: 82/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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