Frameless Wood ApS — Credit Rating and Financial Key Figures

CVR number: 41525207
Jernbanegade 8, 6000 Kolding

Company information

Official name
Frameless Wood ApS
Established
2020
Company form
Private limited company
Industry

About Frameless Wood ApS

Frameless Wood ApS (CVR number: 41525207) is a company from KOLDING. The company recorded a gross profit of 20.3 kDKK in 2023. The operating profit was -78 kDKK, while net earnings were -78.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -191.2 %, which can be considered poor and Return on Equity (ROE) was -228.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 91.6 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Frameless Wood ApS's liquidity measured by quick ratio was 11.9 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
2020
2021
2022
2023
Volume
Net sales17.55
Gross profit-0.321.8520.35
EBIT-9.12- 117.9614.96-78.04
Net earnings-9.13- 118.0014.19-78.19
Shareholders equity total32.877.6744.0424.45
Balance sheet total (assets)32.876.7554.9326.70
Net debt-1.52-4.75-53.61-25.83
Profitability
EBIT-%-672.3 %
ROA-27.7 %-595.5 %48.5 %-191.2 %
ROE-27.8 %-582.2 %54.9 %-228.3 %
ROI-27.7 %-582.0 %57.9 %-227.9 %
Economic value added (EVA)-9.12- 119.5414.35-76.84
Solvency
Equity ratio100.0 %89.3 %80.2 %91.6 %
Gearing
Relative net indebtedness %-32.3 %
Liquidity
Quick ratio-7.45.011.9
Current ratio-7.45.011.9
Cash and cash equivalents1.524.7553.6125.83
Capital use efficiency
Trade debtors turnover (days)41.8
Net working capital %43.7 %
Credit risk
Credit ratingBBBBBB

Variable visualization

ROA:-191.2%
Rating: 0/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:91.6%
Rating: 72/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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