FROST VVS A/S — Credit Rating and Financial Key Figures

CVR number: 40596348
Odensevej 97, 5600 Faaborg
rf@frostvvs.dk
tel: 62615200

Company information

Official name
FROST VVS A/S
Personnel
16 persons
Established
2019
Company form
Limited company
Industry

About FROST VVS A/S

FROST VVS A/S (CVR number: 40596348) is a company from FAABORG-MIDTFYN. The company recorded a gross profit of 6694.7 kDKK in 2023. The operating profit was 682.3 kDKK, while net earnings were 517.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 10.5 %, which can be considered good and Return on Equity (ROE) was 14.2 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 53 %, 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. FROST VVS A/S's liquidity measured by quick ratio was 1.5 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 profit5 908.726 626.346 481.816 120.546 694.70
EBIT1 015.551 057.151 020.07483.94682.27
Net earnings778.68813.68770.52364.84517.80
Shareholders equity total2 596.863 160.543 681.063 545.903 763.70
Balance sheet total (assets)5 012.876 472.477 135.535 984.037 100.64
Net debt697.04574.14- 195.71388.84661.34
Profitability
EBIT-%
ROA20.5 %18.5 %15.1 %7.5 %10.5 %
ROE30.0 %28.3 %22.5 %10.1 %14.2 %
ROI29.5 %25.2 %23.1 %12.1 %15.8 %
Economic value added (EVA)787.24689.75630.71204.09350.31
Solvency
Equity ratio51.8 %48.8 %51.6 %59.3 %53.0 %
Gearing27.1 %18.5 %2.5 %11.6 %18.7 %
Relative net indebtedness %
Liquidity
Quick ratio1.52.31.71.81.5
Current ratio2.02.92.12.62.1
Cash and cash equivalents7.3110.08286.0521.6142.22
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:10.5%
Rating: 59/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:53.0%
Rating: 42/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Chief executive officer
Board member

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