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

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

Official name
FROST VVS A/S
Personnel
17 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 7650.5 kDKK in 2024. The operating profit was 765.7 kDKK, while net earnings were 588.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 11.7 %, which can be considered good but Return on Equity (ROE) was 15.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 66.3 %, 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. FROST VVS A/S's liquidity measured by quick ratio was 2 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit6 626.346 481.816 120.546 694.707 650.55
EBIT1 057.151 020.07483.94682.27765.70
Net earnings813.68770.52364.84517.80588.32
Shareholders equity total3 160.543 681.063 545.903 763.704 052.02
Balance sheet total (assets)6 472.477 135.535 984.037 100.646 109.04
Net debt574.14- 195.71388.84661.34397.22
Profitability
EBIT-%
ROA18.5 %15.1 %7.5 %10.5 %11.7 %
ROE28.3 %22.5 %10.1 %14.2 %15.1 %
ROI25.2 %23.1 %12.1 %15.8 %16.8 %
Economic value added (EVA)644.82595.88175.22318.33365.00
Solvency
Equity ratio48.8 %51.6 %59.3 %53.0 %66.3 %
Gearing18.5 %2.5 %11.6 %18.7 %12.3 %
Relative net indebtedness %
Liquidity
Quick ratio2.31.71.81.52.0
Current ratio2.92.12.62.12.9
Cash and cash equivalents10.08286.0521.6142.22101.06
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:11.7%
Rating: 61/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:66.3%
Rating: 51/100
-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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