FRACHT Denmark A/S
Credit rating
Company information
About FRACHT Denmark A/S
FRACHT Denmark A/S (CVR number: 37189863) is a company from KØBENHAVN. The company recorded a gross profit of -50.4 kDKK in 2023. The operating profit was -50.4 kDKK, while net earnings were -18 kDKK. The profitability of the company measured by Return on Assets (ROA) was -0.7 %, which can be considered poor and Return on Equity (ROE) was -7.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 89.5 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. FRACHT Denmark A/S's liquidity measured by quick ratio was 9.5 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 financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | - 153.55 | -63.30 | -9.96 | -7.50 | -50.39 |
EBIT | - 744.30 | -63.30 | -9.96 | -7.50 | -50.39 |
Net earnings | - 744.88 | -64.00 | -10.40 | -9.88 | -18.02 |
Shareholders equity total | -4 291.47 | -4 355.47 | -4 365.87 | -4 369.25 | 412.70 |
Balance sheet total (assets) | 485.30 | 45.49 | 53.55 | 51.52 | 461.17 |
Net debt | 3 817.80 | 4 323.71 | 4 353.74 | 4 363.71 | - 398.82 |
Profitability | |||||
EBIT-% | |||||
ROA | -17.7 % | -1.4 % | -0.2 % | -0.2 % | -0.7 % |
ROE | -268.7 % | -24.1 % | -21.0 % | -18.8 % | -7.8 % |
ROI | -19.3 % | -1.5 % | -0.2 % | -0.2 % | -0.7 % |
Economic value added (EVA) | - 563.16 | 176.38 | 210.97 | 213.70 | 170.98 |
Solvency | |||||
Equity ratio | -89.8 % | -99.0 % | -98.8 % | -98.8 % | 89.5 % |
Gearing | -100.1 % | -100.2 % | -100.5 % | -100.7 % | 8.2 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.1 | 0.0 | 0.0 | 0.0 | 9.5 |
Current ratio | 0.1 | 0.0 | 0.0 | 0.0 | 9.5 |
Cash and cash equivalents | 478.28 | 41.12 | 36.09 | 36.25 | 432.46 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | B | B | B | B | C |
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