FRITRANS ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About FRITRANS ApS
FRITRANS ApS (CVR number: 17696947) is a company from SVENDBORG. The company reported a net sales of 2.4 mDKK in 2024, demonstrating a growth of 7.8 % compared to the previous year. The operating profit percentage was at 23.1 % (EBIT: 0.6 mDKK), while net earnings were 432.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 20.9 %, which can be considered excellent and Return on Equity (ROE) was 20.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 78.6 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. FRITRANS ApS's liquidity measured by quick ratio was 3.2 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 2 133.52 | 1 749.31 | 1 601.74 | 2 244.12 | 2 419.75 |
Gross profit | 1 338.22 | 1 075.05 | 877.63 | 1 311.94 | 1 489.90 |
EBIT | 482.03 | 151.48 | 16.33 | 507.01 | 559.64 |
Net earnings | 369.03 | 111.87 | 7.95 | 391.63 | 432.24 |
Shareholders equity total | 1 624.96 | 1 680.33 | 1 631.08 | 1 963.81 | 2 274.05 |
Balance sheet total (assets) | 2 220.19 | 2 174.05 | 2 051.35 | 2 484.03 | 2 892.14 |
Net debt | - 727.77 | - 242.91 | - 128.84 | - 565.43 | -1 031.00 |
Profitability | |||||
EBIT-% | 22.6 % | 8.7 % | 1.0 % | 22.6 % | 23.1 % |
ROA | 25.0 % | 6.9 % | 0.8 % | 22.4 % | 20.9 % |
ROE | 25.2 % | 6.8 % | 0.5 % | 21.8 % | 20.4 % |
ROI | 30.8 % | 8.6 % | 0.9 % | 26.2 % | 24.9 % |
Economic value added (EVA) | 331.56 | 70.52 | -59.54 | 317.03 | 361.12 |
Solvency | |||||
Equity ratio | 73.2 % | 77.3 % | 79.5 % | 79.1 % | 78.6 % |
Gearing | 1.3 % | 1.3 % | 2.6 % | 0.0 % | 0.0 % |
Relative net indebtedness % | -11.6 % | 7.3 % | 8.8 % | -8.1 % | -22.9 % |
Liquidity | |||||
Quick ratio | 1.9 | 1.1 | 1.7 | 2.4 | 3.2 |
Current ratio | 1.9 | 1.1 | 1.7 | 2.4 | 3.2 |
Cash and cash equivalents | 749.59 | 264.73 | 170.59 | 565.75 | 1 031.33 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 19.7 | 25.4 | 68.7 | 39.0 | 66.8 |
Net working capital % | 21.7 % | 1.6 % | 14.3 % | 23.4 % | 43.3 % |
Credit risk | |||||
Credit rating | A | BBB | BBB | A | A |
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