FRS-Systems ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2017 | 2018 | 2019 | 2020 | 2021 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 428.55 | 15.82 | 752.12 | -10.98 | 404.00 |
EBIT | - 933.80 | - 812.92 | 239.40 | - 931.09 | - 237.44 |
Net earnings | - 728.96 | - 634.68 | 217.19 | - 742.54 | - 238.69 |
Shareholders equity total | 1 381.52 | 896.84 | 1 114.04 | 371.49 | 132.80 |
Balance sheet total (assets) | 1 513.42 | 957.72 | 1 249.40 | 538.62 | 284.55 |
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 | - 677.61 | 180.58 | - 780.86 | - 248.33 |
Solvency | |||||
Equity ratio | 91.3 % | 93.6 % | 89.2 % | 69.0 % | 46.7 % |
Gearing | |||||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 11.5 | 15.7 | 8.8 | 3.6 | 1.9 |
Current ratio | 11.5 | 15.7 | 8.8 | 3.6 | 1.9 |
Cash and cash equivalents | 119.50 | 140.66 | 341.48 | 154.71 | 59.09 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | B | BBB | BB | B |
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