Frank Linnemann ApS — Credit Rating and Financial Key Figures

CVR number: 42484032
Børsen 15, 9800 Hjørring
linnemann@has.dk
tel: 40923291

Company information

Official name
Frank Linnemann ApS
Personnel
2 persons
Established
2021
Company form
Private limited company
Industry

About Frank Linnemann ApS

Frank Linnemann ApS (CVR number: 42484032) is a company from HJØRRING. The company recorded a gross profit of 412.7 kDKK in 2023. The operating profit was 145 kDKK, while net earnings were 117 kDKK. The profitability of the company measured by Return on Assets (ROA) was 11.3 %, which can be considered good and Return on Equity (ROE) was 10.7 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 78 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. Frank Linnemann ApS's liquidity measured by quick ratio was 4.6 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
2021
2022
2023
Volume
Net sales
Gross profit124.63165.06412.67
EBIT124.63- 153.14145.00
Net earnings93.80- 124.58116.99
Shareholders equity total1 461.761 337.19854.18
Balance sheet total (assets)1 800.191 638.311 094.44
Net debt- 141.35-1 565.23- 918.59
Profitability
EBIT-%
ROA6.9 %-8.9 %11.3 %
ROE6.4 %-8.9 %10.7 %
ROI7.1 %-9.9 %13.2 %
Economic value added (EVA)94.51- 186.11121.72
Solvency
Equity ratio81.2 %81.6 %78.0 %
Gearing0.3 %16.6 %
Relative net indebtedness %
Liquidity
Quick ratio3.25.44.6
Current ratio3.25.44.6
Cash and cash equivalents141.351 569.191 060.73
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingABBBB

Variable visualization

ROA:11.3%
Rating: 60/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:78.0%
Rating: 58/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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