MIKAEL FRØLICH ApS

CVR number: 35141421
Helenevej 10, 4220 Korsør

Credit rating

Company information

Official name
MIKAEL FRØLICH ApS
Personnel
1 person
Established
2013
Company form
Private limited company
Industry
  • Expand more icon43Specialised construction activities

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20162017201820192020
Volume
Net sales
Gross profit545.00317.00269.00- 123.00-53.65
EBIT71.0043.00130.00- 221.00- 139.86
Net earnings52.0013.0084.00- 236.00- 167.27
Shareholders equity total818.00830.00915.00498.00331.28
Balance sheet total (assets)1 233.001 414.001 439.001 093.00943.91
Net debt85.00175.00-58.00459.00560.74
Profitability
EBIT-%
ROA6.0 %3.2 %9.1 %-17.5 %-13.7 %
ROE6.4 %1.6 %9.6 %-33.4 %-40.3 %
ROI7.3 %3.8 %10.2 %-19.0 %-14.6 %
Economic value added (EVA)57.98-3.1562.72- 243.35- 157.64
Solvency
Equity ratio66.3 %58.7 %63.6 %45.6 %35.1 %
Gearing22.7 %29.0 %29.3 %92.2 %169.3 %
Relative net indebtedness %
Liquidity
Quick ratio2.92.83.01.61.5
Current ratio2.92.83.01.71.5
Cash and cash equivalents101.0066.00326.00
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBB

Variable visualization

ROA:-13.7%
Rating: 6/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:35.1%
Rating: 30/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Companies in the same industry

Build time: 2024-10-21T13:51:26.353Z

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