Kåre Frandsen Holding ApS — Credit Rating and Financial Key Figures

CVR number: 29245193
Resenborgvej 12, Kølkær 7400 Herning

Company information

Official name
Kåre Frandsen Holding ApS
Established
2006
Domicile
Kølkær
Company form
Private limited company
Industry

About Kåre Frandsen Holding ApS

Kåre Frandsen Holding ApS (CVR number: 29245193) is a company from HERNING. The company recorded a gross profit of -18.9 kDKK in 2024. The operating profit was -18.9 kDKK, while net earnings were 6394.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 23.8 %, which can be considered excellent and Return on Equity (ROE) was 23.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 100 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Kåre Frandsen Holding ApS's liquidity measured by quick ratio was 141.2 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 sales2 077.43
Gross profit2 074.30-4.63-5.00-40.87-18.92
EBIT2 074.30-4.63-5.00-40.87-18.92
Net earnings2 073.982 652.464 323.526 820.016 394.88
Shareholders equity total10 258.9912 781.4516 904.9824 129.7129 674.59
Balance sheet total (assets)10 263.9912 786.4516 914.9824 134.7129 682.41
Net debt-46.30-41.38- 140.67- 204.17- 250.87
Profitability
EBIT-%99.8 %
ROA22.3 %23.0 %29.1 %33.2 %23.8 %
ROE22.3 %23.0 %29.1 %33.2 %23.8 %
ROI22.3 %23.0 %29.1 %33.2 %23.8 %
Economic value added (EVA)2 476.31495.50622.12673.401 069.77
Solvency
Equity ratio100.0 %100.0 %99.9 %100.0 %100.0 %
Gearing
Relative net indebtedness %-2.0 %
Liquidity
Quick ratio9.38.3129.1238.3141.2
Current ratio9.38.3129.1238.3141.2
Cash and cash equivalents46.3041.38140.67204.17250.87
Capital use efficiency
Trade debtors turnover (days)
Net working capital %2.0 %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:23.8%
Rating: 80/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:100.0%
Rating: 100/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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