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Frandsens Cementstøberi ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Frandsens Cementstøberi ApS
Frandsens Cementstøberi ApS (CVR number: 58007617) is a company from Høje-Taastrup. The company recorded a gross profit of -249.5 kDKK in 2024. The operating profit was -731.2 kDKK, while net earnings were -605.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was -60.2 %, which can be considered poor and Return on Equity (ROE) was -62.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 66.7 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. Frandsens Cementstøberi ApS's liquidity measured by quick ratio was 3.7 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 financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | 2 040.63 | 1 334.89 | 616.58 | 189.70 | - 249.55 |
| EBIT | 1 120.56 | 446.06 | 65.56 | - 274.04 | - 731.16 |
| Net earnings | 873.00 | 376.77 | 54.66 | - 232.17 | - 605.06 |
| Shareholders equity total | 2 075.20 | 1 451.97 | 1 506.63 | 1 274.46 | 669.40 |
| Balance sheet total (assets) | 2 987.45 | 2 421.64 | 1 885.49 | 1 410.79 | 1 003.27 |
| Net debt | -1 609.21 | - 219.71 | - 550.13 | - 226.94 | -98.97 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 45.9 % | 18.0 % | 3.4 % | -16.3 % | -60.2 % |
| ROE | 53.3 % | 21.4 % | 3.7 % | -16.7 % | -62.3 % |
| ROI | 68.6 % | 25.1 % | 4.4 % | -19.1 % | -67.9 % |
| Economic value added (EVA) | 813.64 | 243.66 | -39.46 | - 313.37 | - 673.36 |
| Solvency | |||||
| Equity ratio | 70.3 % | 60.0 % | 82.8 % | 90.3 % | 66.7 % |
| Gearing | 24.1 % | 2.4 % | 0.4 % | 0.6 % | |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 3.1 | 1.2 | 2.5 | 3.3 | 3.7 |
| Current ratio | 3.6 | 2.2 | 3.8 | 6.7 | 3.7 |
| Cash and cash equivalents | 1 609.21 | 569.90 | 587.01 | 232.21 | 102.95 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BBB | A | BBB | BBB | BB |
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