FROBENIUS ORGELBYGGERI A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About FROBENIUS ORGELBYGGERI A/S
FROBENIUS ORGELBYGGERI A/S (CVR number: 11845118) is a company from RUDERSDAL. The company recorded a gross profit of 13 mDKK in 2023. The operating profit was -2520.3 kDKK, while net earnings were -2217.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -9.1 %, which can be considered poor and Return on Equity (ROE) was -14.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 82.4 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. FROBENIUS ORGELBYGGERI A/S's liquidity measured by quick ratio was 4.3 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 | 14 923.93 | 14 364.84 | 12 943.81 | 13 914.79 | 13 024.20 |
EBIT | 100.89 | 940.89 | - 221.82 | 306.20 | -2 520.32 |
Net earnings | 38.45 | 713.33 | - 198.92 | 109.38 | -2 217.53 |
Shareholders equity total | 17 787.68 | 18 501.01 | 17 302.09 | 16 829.06 | 14 611.53 |
Balance sheet total (assets) | 30 356.56 | 26 749.96 | 23 123.74 | 28 109.66 | 26 488.81 |
Net debt | -3 723.09 | -5 515.30 | |||
Profitability | |||||
EBIT-% | |||||
ROA | 0.3 % | 3.3 % | -0.9 % | 1.2 % | -9.1 % |
ROE | 0.2 % | 3.9 % | -1.1 % | 0.6 % | -14.1 % |
ROI | 0.5 % | 4.9 % | -1.2 % | 1.7 % | -15.1 % |
Economic value added (EVA) | - 721.20 | 27.13 | - 825.17 | - 546.37 | -2 833.55 |
Solvency | |||||
Equity ratio | 74.1 % | 80.5 % | 84.8 % | 80.3 % | 82.4 % |
Gearing | 0.1 % | 0.1 % | |||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 2.9 | 3.7 | 4.2 | 4.3 | 4.3 |
Current ratio | 1.5 | 2.0 | 2.3 | 1.6 | 1.3 |
Cash and cash equivalents | 3 740.20 | 5 532.42 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | AAA | A | A | A |
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