FRANK GRØNBÆK LARSEN HOLDING ApS
Credit rating
Company information
About FRANK GRØNBÆK LARSEN HOLDING ApS
FRANK GRØNBÆK LARSEN HOLDING ApS (CVR number: 27418376) is a company from ASSENS. The company recorded a gross profit of -2.4 kDKK in 2023. The operating profit was -2.4 kDKK, while net earnings were 393.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 158.5 %, which can be considered excellent and Return on Equity (ROE) was 2109.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 28.8 %, 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. FRANK GRØNBÆK LARSEN HOLDING ApS's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -2.00 | -2.00 | -2.13 | -2.13 | -2.38 |
EBIT | -2.00 | -2.00 | -2.13 | -2.13 | -2.38 |
Net earnings | 107.32 | - 104.80 | 89.38 | 392.24 | 393.53 |
Shareholders equity total | - 733.09 | - 837.89 | - 748.51 | - 356.27 | 37.26 |
Balance sheet total (assets) | 0.05 | 0.05 | 0.05 | 0.05 | 129.25 |
Net debt | 27.32 | 29.32 | 31.45 | 33.57 | 35.95 |
Profitability | |||||
EBIT-% | |||||
ROA | 13.6 % | -13.3 % | 11.3 % | 71.0 % | 158.5 % |
ROE | 202490.6 % | -197737.7 % | 168647.2 % | 747114.3 % | 2109.6 % |
ROI | 13.7 % | -13.4 % | 11.3 % | 71.5 % | 180.7 % |
Economic value added (EVA) | 40.23 | 34.84 | 39.98 | 35.49 | 15.53 |
Solvency | |||||
Equity ratio | -100.0 % | -100.0 % | -100.0 % | -100.0 % | 28.8 % |
Gearing | -3.7 % | -3.5 % | -4.2 % | -9.4 % | 96.6 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.0 | 0.0 | 0.0 | 0.0 | 0.7 |
Current ratio | 0.0 | 0.0 | 0.0 | 0.0 | 0.7 |
Cash and cash equivalents | 0.05 | 0.05 | 0.05 | 0.05 | 0.05 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | B | B | B | B | BB |
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