Optiker Frandsen ApS — Credit Rating and Financial Key Figures

CVR number: 40206647
Nørretorv 15, 7100 Vejle

Credit rating

Company information

Official name
Optiker Frandsen ApS
Personnel
7 persons
Established
2019
Company form
Private limited company
Industry
  • Expand more icon47Retail trade, except of motor vehicles and motorcycles

About Optiker Frandsen ApS

Optiker Frandsen ApS (CVR number: 40206647) is a company from VEJLE. The company recorded a gross profit of 3110.1 kDKK in 2023. The operating profit was 978.6 kDKK, while net earnings were 760 kDKK. The profitability of the company measured by Return on Assets (ROA) was 25.5 %, which can be considered excellent and Return on Equity (ROE) was 23.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 85.4 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Optiker Frandsen ApS's liquidity measured by quick ratio was 5.2 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
20192020202120222023
Volume
Net sales
Gross profit2 974.002 857.232 897.163 022.383 110.08
EBIT724.31878.57837.24948.29978.63
Net earnings561.59669.80637.12725.36760.03
Shareholders equity total2 154.612 414.412 801.533 126.893 386.91
Balance sheet total (assets)3 119.063 400.873 477.073 712.373 972.95
Net debt-1 400.26-1 438.20-1 582.40-2 103.89- 681.46
Profitability
EBIT-%
ROA23.3 %27.0 %24.4 %26.4 %25.5 %
ROE26.1 %29.3 %24.4 %24.5 %23.3 %
ROI32.9 %37.9 %32.0 %31.8 %29.9 %
Economic value added (EVA)561.44643.70601.50674.57709.59
Solvency
Equity ratio69.2 %71.1 %80.7 %84.4 %85.4 %
Gearing0.6 %0.6 %0.4 %0.7 %0.3 %
Relative net indebtedness %
Liquidity
Quick ratio1.72.03.34.65.2
Current ratio2.22.64.25.66.2
Cash and cash equivalents1 412.481 452.471 592.392 125.83692.54
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:25.5%
Rating: 81/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:85.4%
Rating: 65/100
-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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