Frølund Service ApS — Credit Rating and Financial Key Figures

CVR number: 42256935
Godts Alle 8, 7430 Ikast
info@frolundms.dk
tel: 42208007
www.frølundms.dk

Company information

Official name
Frølund Service ApS
Personnel
2 persons
Established
2021
Company form
Private limited company
Industry

About Frølund Service ApS

Frølund Service ApS (CVR number: 42256935) is a company from IKAST-BRANDE. The company reported a net sales of 0.5 mDKK in 2023, demonstrating a growth of 21.7 % compared to the previous year. The operating profit percentage was at 1.3 % (EBIT: 0 mDKK), while net earnings were 7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 9.1 %, which can be considered good but Return on Equity (ROE) was 39.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 22.4 %, 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. Frølund Service ApS's liquidity measured by quick ratio was 1.3 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

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2021
2022
2023
Volume
Net sales172.48435.84530.32
Gross profit76.45317.60367.02
EBIT2.64-26.677.00
Net earnings1.68-27.596.99
Shareholders equity total67.2614.1521.14
Balance sheet total (assets)105.5760.1994.20
Net debt-83.45-13.64-61.11
Profitability
EBIT-%1.5 %-6.1 %1.3 %
ROA2.5 %-32.2 %9.1 %
ROE2.5 %-67.8 %39.6 %
ROI3.9 %-65.5 %39.6 %
Economic value added (EVA)2.64-24.577.06
Solvency
Equity ratio63.7 %23.5 %22.4 %
Gearing
Relative net indebtedness %-26.2 %7.4 %2.3 %
Liquidity
Quick ratio2.81.31.3
Current ratio2.81.31.3
Cash and cash equivalents83.4513.6461.11
Capital use efficiency
Trade debtors turnover (days)46.036.18.3
Net working capital %39.0 %3.2 %4.0 %
Credit risk
Credit ratingBBBBBBB

Variable visualization

ROA:9.06%
Rating: 54/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:22.4%
Rating: 21/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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