ApS JØRGEN FRANDSEN. GREVE — Credit Rating and Financial Key Figures

CVR number: 70789418
Håndværkerbyen 9, 2670 Greve
tel: 43905611

Credit rating

Company information

Official name
ApS JØRGEN FRANDSEN. GREVE
Established
1982
Company form
Private limited company
Industry
  • Expand more icon68Real estate activities

About ApS JØRGEN FRANDSEN. GREVE

ApS JØRGEN FRANDSEN. GREVE (CVR number: 70789418) is a company from GREVE. The company recorded a gross profit of 54.4 kDKK in 2023. The operating profit was 54.4 kDKK, while net earnings were 41.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 18.8 %, which can be considered excellent and Return on Equity (ROE) was 19.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 73.6 %, 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. ApS JØRGEN FRANDSEN. GREVE's liquidity measured by quick ratio was 3.8 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 profit264.29215.6323.7982.8254.40
EBIT264.29215.6323.7982.8254.40
Net earnings204.53164.8717.3661.6741.23
Shareholders equity total840.241 005.10322.46187.13228.35
Balance sheet total (assets)893.631 079.85346.79267.23310.43
Net debt- 691.34- 434.89- 178.71- 219.92- 238.67
Profitability
EBIT-%
ROA33.4 %21.9 %3.3 %27.0 %18.8 %
ROE27.7 %17.9 %2.6 %24.2 %19.8 %
ROI35.8 %23.4 %3.6 %29.7 %20.4 %
Economic value added (EVA)208.44160.60-10.0957.3946.47
Solvency
Equity ratio94.0 %93.1 %93.0 %70.0 %73.6 %
Gearing25.3 %31.4 %
Relative net indebtedness %
Liquidity
Quick ratio16.714.414.33.33.8
Current ratio16.714.414.33.33.8
Cash and cash equivalents691.34434.89178.71267.23310.43
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBB

Variable visualization

ROA:18.8%
Rating: 72/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:73.6%
Rating: 55/100
-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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