FRIS BUSSER A/S — Credit Rating and Financial Key Figures

CVR number: 14309233
Dalgårdsparken 61, 8543 Hornslet
tel: 86994107

Credit rating

Company information

Official name
FRIS BUSSER A/S
Established
1990
Company form
Limited company
Industry

About FRIS BUSSER A/S

FRIS BUSSER A/S (CVR number: 14309233) is a company from SYDDJURS. The company recorded a gross profit of -513.7 kDKK in 2023. The operating profit was -513.7 kDKK, while net earnings were 9840.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 13.7 %, which can be considered good and Return on Equity (ROE) was 14.9 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 99.7 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. FRIS BUSSER A/S's liquidity measured by quick ratio was 338.1 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit- 166.15- 164.68- 201.61- 335.66- 513.72
EBIT- 166.15- 164.68- 201.61- 335.66- 513.72
Net earnings9 692.133 881.6610 878.93-13 155.459 840.74
Shareholders equity total59 377.3863 259.0474 137.9760 982.5270 823.26
Balance sheet total (assets)59 840.1963 637.0774 277.8261 097.9471 033.37
Net debt-59 814.58-63 602.22-74 229.12-60 274.88-68 859.32
Profitability
EBIT-%
ROA22.7 %8.1 %20.2 %3.3 %13.7 %
ROE17.8 %6.3 %15.8 %-19.5 %14.9 %
ROI22.8 %8.2 %20.3 %3.3 %13.7 %
Economic value added (EVA)- 194.38- 106.35- 140.01- 332.88- 595.54
Solvency
Equity ratio99.2 %99.4 %99.8 %99.8 %99.7 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio129.3168.3531.1529.3338.1
Current ratio129.3168.3531.1529.3338.1
Cash and cash equivalents59 814.5863 602.2274 229.1260 274.8868 859.32
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBABBBBBBBBB

Variable visualization

ROA:13.7%
Rating: 64/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:99.7%
Rating: 95/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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