AUTORISERET VVS-INSTALLATØR ARNE FRANDSEN. FREDERIKSVÆRK A/S — Credit Rating and Financial Key Figures

CVR number: 18617005
Industriskellet 13, 3300 Frederiksværk
je@frandsen-vvs.dk
tel: 47722585

Credit rating

Company information

Official name
AUTORISERET VVS-INSTALLATØR ARNE FRANDSEN. FREDERIKSVÆRK A/S
Personnel
6 persons
Established
1995
Company form
Limited company
Industry

About AUTORISERET VVS-INSTALLATØR ARNE FRANDSEN. FREDERIKSVÆRK A/S

AUTORISERET VVS-INSTALLATØR ARNE FRANDSEN. FREDERIKSVÆRK A/S (CVR number: 18617005) is a company from HALSNÆS. The company recorded a gross profit of 2490.1 kDKK in 2023. The operating profit was 144.5 kDKK, while net earnings were 99.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7.7 %, which can be considered decent but Return on Equity (ROE) was 10.3 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 52.8 %, 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. AUTORISERET VVS-INSTALLATØR ARNE FRANDSEN. FREDERIKSVÆRK A/S's liquidity measured by quick ratio was 1.7 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 profit2 376.002 563.002 796.001 984.002 490.07
EBIT148.00402.00368.00- 138.00144.53
Net earnings120.00315.00275.00- 129.0099.29
Shareholders equity total1 480.001 270.001 046.00916.001 014.95
Balance sheet total (assets)2 167.002 096.002 186.001 682.002 095.95
Net debt-72.00- 316.0034.0034.00- 657.88
Profitability
EBIT-%
ROA5.4 %19.3 %17.2 %-7.1 %7.7 %
ROE5.5 %22.9 %23.7 %-13.1 %10.3 %
ROI7.4 %28.0 %26.9 %-10.9 %12.9 %
Economic value added (EVA)9.26242.69238.75- 145.8377.62
Solvency
Equity ratio69.5 %60.6 %47.9 %54.5 %52.8 %
Gearing29.8 %27.4 %6.8 %
Relative net indebtedness %
Liquidity
Quick ratio2.41.61.21.21.7
Current ratio2.51.81.31.51.6
Cash and cash equivalents72.00316.00278.00217.00726.77
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:7.67%
Rating: 50/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:52.8%
Rating: 42/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board

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