FRABIT ApS

CVR number: 29194181
Tvingsbakken 43, Annisse 3200 Helsinge
fmk@frabit.com
tel: 23888555

Credit rating

Company information

Official name
FRABIT ApS
Established
2005
Domicile
Annisse
Company form
Private limited company
Industry
  • Expand more icon62Computer programming, consultancy and related activities

About FRABIT ApS

FRABIT ApS (CVR number: 29194181) is a company from GRIBSKOV. The company recorded a gross profit of -1.6 kDKK in 2023. The operating profit was -1.6 kDKK, while net earnings were -1.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -1 %, which can be considered poor and Return on Equity (ROE) was -1.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 90.2 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. FRABIT ApS's liquidity measured by quick ratio was 10.2 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
20192020202120222023
Volume
Net sales
Gross profit14.269.9917.08-6.54-1.56
EBIT14.269.9917.08-6.54-1.56
Net earnings10.467.0512.44-8.08-1.60
Shareholders equity total139.46136.51148.96140.88139.28
Balance sheet total (assets)188.83171.47160.16148.58154.48
Net debt- 146.98- 104.46- 150.49- 134.25- 139.61
Profitability
EBIT-%
ROA6.3 %5.5 %10.3 %-4.2 %-1.0 %
ROE6.3 %5.1 %8.7 %-5.6 %-1.1 %
ROI8.1 %6.9 %11.8 %-4.5 %-1.1 %
Economic value added (EVA)10.048.7011.87-6.46-1.90
Solvency
Equity ratio83.6 %91.3 %93.0 %94.8 %90.2 %
Gearing7.6 %2.3 %
Relative net indebtedness %
Liquidity
Quick ratio6.913.214.319.310.2
Current ratio3.84.914.319.310.2
Cash and cash equivalents157.58107.56150.49134.25139.61
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBCB

Variable visualization

ROA:-1.01%
Rating: 19/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:90.2%
Rating: 70/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

Companies in the same industry

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