Frank & Frank ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Frank & Frank ApS
Frank & Frank ApS (CVR number: 37920134) is a company from KOLDING. The company recorded a gross profit of 1234 kDKK in 2020. The operating profit was -1.9 kDKK, while net earnings were -9.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -0.3 %, which can be considered poor and Return on Equity (ROE) was -4.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 21.9 %, 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. Frank & Frank ApS's liquidity measured by quick ratio was 1.3 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2017 | 2018 | 2019 | 2020 | |
---|---|---|---|---|
Volume | ||||
Net sales | ||||
Gross profit | 1 796.16 | 1 585.17 | 1 469.90 | 1 234.02 |
EBIT | 421.14 | 305.36 | 178.80 | -1.94 |
Net earnings | 326.74 | 235.89 | 138.68 | -9.46 |
Shareholders equity total | 376.74 | 402.78 | 329.86 | 99.20 |
Balance sheet total (assets) | 703.30 | 720.61 | 915.29 | 453.03 |
Net debt | - 595.06 | - 253.92 | - 662.60 | - 415.41 |
Profitability | ||||
EBIT-% | ||||
ROA | 59.9 % | 42.9 % | 21.9 % | -0.3 % |
ROE | 86.7 % | 60.5 % | 37.9 % | -4.4 % |
ROI | 111.8 % | 78.3 % | 48.8 % | -0.9 % |
Economic value added (EVA) | 326.74 | 246.86 | 239.16 | 15.34 |
Solvency | ||||
Equity ratio | 53.6 % | 55.9 % | 36.0 % | 21.9 % |
Gearing | ||||
Relative net indebtedness % | ||||
Liquidity | ||||
Quick ratio | 2.1 | 2.2 | 1.5 | 1.3 |
Current ratio | 2.1 | 2.2 | 1.5 | 1.3 |
Cash and cash equivalents | 595.06 | 253.92 | 662.60 | 415.41 |
Capital use efficiency | ||||
Trade debtors turnover (days) | ||||
Net working capital % | ||||
Credit risk | ||||
Credit rating | BBB | BBB | BBB | BB |
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