TØMRERMESTER MICHAEL FROST ApS — Credit Rating and Financial Key Figures

CVR number: 33595042
Kongensgade 50 A, 3550 Slangerup
mf@michael-frost.dk
tel: 20892224

Credit rating

Company information

Official name
TØMRERMESTER MICHAEL FROST ApS
Personnel
1 person
Established
2011
Company form
Private limited company
Industry

About TØMRERMESTER MICHAEL FROST ApS

TØMRERMESTER MICHAEL FROST ApS (CVR number: 33595042) is a company from FREDERIKSSUND. The company recorded a gross profit of 707.5 kDKK in 2023. The operating profit was 57.3 kDKK, while net earnings were 44.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 9.3 %, which can be considered good but Return on Equity (ROE) was 39 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 20.5 %, 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. TØMRERMESTER MICHAEL FROST ApS's liquidity measured by quick ratio was 1.1 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit2 125.141 019.42541.94636.16707.46
EBIT532.49- 268.41-93.3516.8557.25
Net earnings411.58- 224.53-74.4810.4844.07
Shareholders equity total379.37154.8380.3590.83134.90
Balance sheet total (assets)1 637.28832.01538.13573.87656.45
Net debt- 167.84- 154.05- 160.68- 151.24- 334.60
Profitability
EBIT-%
ROA42.8 %-21.7 %-13.6 %3.0 %9.3 %
ROE68.6 %-84.1 %-63.3 %12.2 %39.0 %
ROI272.7 %-98.4 %-79.4 %19.7 %50.8 %
Economic value added (EVA)421.67- 232.82-73.1715.5147.07
Solvency
Equity ratio23.2 %18.6 %14.9 %15.8 %20.5 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio1.20.90.91.01.1
Current ratio1.21.11.01.11.3
Cash and cash equivalents167.84154.05160.68151.24334.60
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBB

Variable visualization

ROA:9.31%
Rating: 55/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:20.5%
Rating: 20/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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