FRANK GRØNLUND NIELSEN HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 29818789
Porsevej 11, 9440 Aabybro

Credit rating

Company information

Official name
FRANK GRØNLUND NIELSEN HOLDING ApS
Established
2009
Company form
Private limited company
Industry

About FRANK GRØNLUND NIELSEN HOLDING ApS

FRANK GRØNLUND NIELSEN HOLDING ApS (CVR number: 29818789) is a company from JAMMERBUGT. The company recorded a gross profit of -9 kDKK in 2023. The operating profit was -9 kDKK, while net earnings were 361.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 21.2 %, which can be considered excellent and Return on Equity (ROE) was 21 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 99.7 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. FRANK GRØNLUND NIELSEN HOLDING ApS's liquidity measured by quick ratio was 369.6 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 profit-8.38-6.98-7.81-7.01-8.98
EBIT-8.38-6.98-7.81-7.01-8.98
Net earnings366.62-6.981 227.12- 338.52361.60
Shareholders equity total1 057.69940.102 054.221 601.311 845.10
Balance sheet total (assets)1 063.50945.102 074.271 622.101 850.11
Net debt- 259.50- 141.10-2 074.27-1 600.30-1 836.42
Profitability
EBIT-%
ROA39.3 %-0.7 %82.8 %5.0 %21.2 %
ROE39.5 %-0.7 %82.0 %-18.5 %21.0 %
ROI39.5 %-0.7 %83.5 %5.0 %21.4 %
Economic value added (EVA)-8.12-6.69-7.47-6.00-8.87
Solvency
Equity ratio99.5 %99.5 %99.0 %98.7 %99.7 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio44.628.2103.578.0369.6
Current ratio44.628.2103.578.0369.6
Cash and cash equivalents259.50141.102 074.271 600.301 836.42
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingABBBBBBBBBBBB

Variable visualization

ROA:21.2%
Rating: 76/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:99.7%
Rating: 96/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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