Frandsens Cementstøberi ApS — Credit Rating and Financial Key Figures

CVR number: 58007617
Håndværkerbakken 3, Sengeløse 2630 Taastrup
info@frandsencement.dk
tel: 43718201

Credit rating

Company information

Official name
Frandsens Cementstøberi ApS
Personnel
2 persons
Established
1976
Domicile
Sengeløse
Company form
Private limited company
Industry
  • Expand more icon23Manufacture of other non-metallic mineral products

About Frandsens Cementstøberi ApS

Frandsens Cementstøberi ApS (CVR number: 58007617) is a company from Høje-Taastrup. The company recorded a gross profit of 189.7 kDKK in 2023. The operating profit was -274 kDKK, while net earnings were -232.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -16.3 %, which can be considered poor and Return on Equity (ROE) was -16.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 90.5 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Frandsens Cementstøberi ApS's liquidity measured by quick ratio was 3.3 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit1 486.502 040.631 334.89616.58189.70
EBIT608.651 120.56446.0665.56- 274.04
Net earnings479.91873.00376.7754.66- 232.17
Shareholders equity total1 202.212 075.201 451.971 506.631 274.46
Balance sheet total (assets)1 916.442 987.452 421.641 885.491 408.65
Net debt- 803.76-1 609.21- 219.71- 550.13- 229.08
Profitability
EBIT-%
ROA33.6 %45.9 %18.0 %3.4 %-16.3 %
ROE40.4 %53.3 %21.4 %3.7 %-16.7 %
ROI51.8 %68.6 %25.1 %4.4 %-19.1 %
Economic value added (EVA)439.01854.03324.526.77- 282.02
Solvency
Equity ratio62.7 %70.3 %60.0 %82.8 %90.5 %
Gearing24.1 %2.4 %0.2 %
Relative net indebtedness %
Liquidity
Quick ratio2.03.11.22.53.3
Current ratio2.23.62.23.86.8
Cash and cash equivalents803.761 609.21569.90587.01232.21
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAABBBBBB

Variable visualization

ROA:-16.3%
Rating: 4/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:90.5%
Rating: 71/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chief executive officer

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