Fromm & Frisk IT Solutions IVS — Credit Rating and Financial Key Figures

CVR number: 39110245
Danmarksgade 84, 9000 Aalborg
kontakt@ffits.dk
tel: 29404105
www.ffits.dk
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Company information

Official name
Fromm & Frisk IT Solutions IVS
Established
2017
Company form
Entrepreneurial limited company
Industry

About Fromm & Frisk IT Solutions IVS

Fromm & Frisk IT Solutions IVS (CVR number: 39110245) is a company from AALBORG. The company reported a net sales of 0.7 mDKK in 2018. The operating profit percentage was at 26.2 % (EBIT: 0.2 mDKK), while net earnings were 136 kDKK. The profitability of the company measured by Return on Assets (ROA) was 237.3 %, which can be considered excellent and Return on Equity (ROE) was 199.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 91.9 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Fromm & Frisk IT Solutions IVS's liquidity measured by quick ratio was 12.3 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
2017
2018
Volume
Net sales671.17
Gross profit-0.06656.17
EBIT-0.06175.66
Net earnings-0.06135.95
Shareholders equity total0.04135.99
Balance sheet total (assets)0.04147.98
Net debt-0.04- 143.07
Profitability
EBIT-%26.2 %
ROA-147.5 %237.3 %
ROE-150.0 %199.9 %
ROI-147.5 %258.3 %
Economic value added (EVA)-0.06136.44
Solvency
Equity ratio100.0 %91.9 %
Gearing
Relative net indebtedness %-19.5 %
Liquidity
Quick ratio12.3
Current ratio12.3
Cash and cash equivalents0.04143.07
Capital use efficiency
Trade debtors turnover (days)
Net working capital %20.3 %
Credit risk
Credit ratingCB

Variable visualization

ROA:237.3%
Rating: 100/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:91.9%
Rating: 72/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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