Credit rating
Company information
About MIKAEL FRØLICH ApS
MIKAEL FRØLICH ApS (CVR number: 35141421) is a company from SLAGELSE. The company recorded a gross profit of -53.7 kDKK in 2020. The operating profit was -139.9 kDKK, while net earnings were -167.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was -13.7 %, which can be considered poor and Return on Equity (ROE) was -40.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 35.1 %, 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. MIKAEL FRØLICH ApS's liquidity measured by quick ratio was 1.5 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 financials2016 | 2017 | 2018 | 2019 | 2020 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 545.00 | 317.00 | 269.00 | - 123.00 | -53.65 |
EBIT | 71.00 | 43.00 | 130.00 | - 221.00 | - 139.86 |
Net earnings | 52.00 | 13.00 | 84.00 | - 236.00 | - 167.27 |
Shareholders equity total | 818.00 | 830.00 | 915.00 | 498.00 | 331.28 |
Balance sheet total (assets) | 1 233.00 | 1 414.00 | 1 439.00 | 1 093.00 | 943.91 |
Net debt | 85.00 | 175.00 | -58.00 | 459.00 | 560.74 |
Profitability | |||||
EBIT-% | |||||
ROA | 6.0 % | 3.2 % | 9.1 % | -17.5 % | -13.7 % |
ROE | 6.4 % | 1.6 % | 9.6 % | -33.4 % | -40.3 % |
ROI | 7.3 % | 3.8 % | 10.2 % | -19.0 % | -14.6 % |
Economic value added (EVA) | 57.98 | -3.15 | 62.72 | - 243.35 | - 157.64 |
Solvency | |||||
Equity ratio | 66.3 % | 58.7 % | 63.6 % | 45.6 % | 35.1 % |
Gearing | 22.7 % | 29.0 % | 29.3 % | 92.2 % | 169.3 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 2.9 | 2.8 | 3.0 | 1.6 | 1.5 |
Current ratio | 2.9 | 2.8 | 3.0 | 1.7 | 1.5 |
Cash and cash equivalents | 101.00 | 66.00 | 326.00 | ||
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | BBB | B | B |
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