FRS-Systems ApS — Credit Rating and Financial Key Figures

CVR number: 36960868
Olesvej 14, 2950 Vedbæk
sh@pactum.dk
tel: 40143224

Credit rating

Company information

Official name
FRS-Systems ApS
Personnel
2 persons
Established
2015
Company form
Private limited company
Industry
  • Expand more icon32Other manufacturing

About FRS-Systems ApS

FRS-Systems ApS (CVR number: 36960868) is a company from RUDERSDAL. The company recorded a gross profit of 404 kDKK in 2021. The operating profit was -237.4 kDKK, while net earnings were -238.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was -57.7 %, which can be considered poor and Return on Equity (ROE) was -94.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 46.7 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. FRS-Systems ApS's liquidity measured by quick ratio was 1.9 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
2019
2020
2021
Volume
Net sales
Gross profit428.5515.82752.12-10.98404.00
EBIT- 933.80- 812.92239.40- 931.09- 237.44
Net earnings- 728.96- 634.68217.19- 742.54- 238.69
Shareholders equity total1 381.52896.841 114.04371.49132.80
Balance sheet total (assets)1 513.42957.721 249.40538.62284.55
Net debt- 119.50- 140.66- 341.48- 154.71-59.09
Profitability
EBIT-%
ROA-67.9 %-65.8 %21.7 %-104.1 %-57.7 %
ROE-69.7 %-55.7 %21.6 %-100.0 %-94.7 %
ROI-89.3 %-71.4 %23.8 %-122.0 %-87.7 %
Economic value added (EVA)- 718.00- 677.61180.58- 780.86- 248.33
Solvency
Equity ratio91.3 %93.6 %89.2 %69.0 %46.7 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio11.515.78.83.61.9
Current ratio11.515.78.83.61.9
Cash and cash equivalents119.50140.66341.48154.7159.09
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBB

Variable visualization

ROA:-57.7%
Rating: 0/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:46.7%
Rating: 38/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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