Frank Sode Holding ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Frank Sode Holding ApS
Frank Sode Holding ApS (CVR number: 37829021) is a company from GLADSAXE. The company recorded a gross profit of 3.1 kDKK in 2023. The operating profit was 3.1 kDKK, while net earnings were -105.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -25.9 %, which can be considered poor and Return on Equity (ROE) was -42.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 58.7 %, 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. Frank Sode Holding ApS's liquidity measured by quick ratio was 2.4 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -6.00 | -7.00 | -10.00 | -7.00 | 3.14 |
EBIT | -6.00 | -7.00 | -10.00 | -7.00 | 3.14 |
Net earnings | 19.00 | 9.00 | 6.00 | - 158.00 | - 105.56 |
Shareholders equity total | 611.00 | 565.00 | 514.00 | 300.00 | 193.86 |
Balance sheet total (assets) | 624.00 | 600.00 | 577.00 | 433.00 | 330.29 |
Net debt | |||||
Profitability | |||||
EBIT-% | |||||
ROA | 3.0 % | 1.6 % | 1.2 % | -30.3 % | -25.9 % |
ROE | 3.0 % | 1.5 % | 1.1 % | -38.8 % | -42.7 % |
ROI | 3.0 % | 1.7 % | 1.3 % | -37.6 % | -40.0 % |
Economic value added (EVA) | -12.13 | -9.32 | -10.70 | -6.45 | -2.03 |
Solvency | |||||
Equity ratio | 97.9 % | 94.2 % | 89.1 % | 69.3 % | 58.7 % |
Gearing | |||||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 27.5 | 9.4 | 4.8 | 2.4 | 2.4 |
Current ratio | 27.5 | 9.4 | 4.8 | 2.4 | 2.4 |
Cash and cash equivalents | |||||
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BB |
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