Frandsens Invest RC ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Frandsens Invest RC ApS
Frandsens Invest RC ApS (CVR number: 40807837) is a company from ESBJERG. The company recorded a gross profit of -10 kDKK in 2023. The operating profit was -10 kDKK, while net earnings were -15.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was -0.1 %, which can be considered poor and Return on Equity (ROE) was -0.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 35.7 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Frandsens Invest RC ApS's liquidity measured by quick ratio was 1.5 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|
Volume | ||||
Net sales | ||||
Gross profit | -8.13 | -6.44 | -7.88 | -10.00 |
EBIT | -8.13 | -6.44 | -7.88 | -10.00 |
Net earnings | -46.89 | - 107.36 | 3 248.99 | -15.08 |
Shareholders equity total | -67.08 | - 174.44 | 2 845.29 | 2 594.14 |
Balance sheet total (assets) | 7 066.62 | 7 042.77 | 7 307.74 | 7 265.93 |
Net debt | 7 089.93 | 7 181.00 | 4 149.71 | 4 400.86 |
Profitability | ||||
EBIT-% | ||||
ROA | -0.1 % | -0.1 % | 45.6 % | -0.1 % |
ROE | -0.7 % | -1.5 % | 65.7 % | -0.6 % |
ROI | -0.1 % | -0.1 % | 45.6 % | -0.1 % |
Economic value added (EVA) | -5.09 | 350.63 | 354.21 | - 137.51 |
Solvency | ||||
Equity ratio | -0.9 % | -2.4 % | 38.9 % | 35.7 % |
Gearing | -10627.6 % | -4134.5 % | 156.7 % | 179.9 % |
Relative net indebtedness % | ||||
Liquidity | ||||
Quick ratio | 3.1 | 8.6 | 3.5 | 1.5 |
Current ratio | 3.1 | 8.6 | 3.5 | 1.5 |
Cash and cash equivalents | 38.76 | 31.20 | 307.74 | 265.93 |
Capital use efficiency | ||||
Trade debtors turnover (days) | ||||
Net working capital % | ||||
Credit risk | ||||
Credit rating | A | A | A | A |
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