FRITZ HANSEN A/S — Credit Rating and Financial Key Figures

CVR number: 14120211
Allerødvej 8, 3450 Allerød
tel: 48171948

Credit rating

Company information

Official name
FRITZ HANSEN A/S
Personnel
135 persons
Established
1955
Company form
Limited company
Industry
  • Expand more icon31Manufacture of furniture

About FRITZ HANSEN A/S

FRITZ HANSEN A/S (CVR number: 14120211K) is a company from ALLERØD. The company reported a net sales of 646 mDKK in 2023, demonstrating a decline of -24.9 % compared to the previous year. The operating profit percentage was at 4.2 % (EBIT: 27.2 mDKK), while net earnings were 13.1 mDKK. The profitability of the company measured by Return on Assets (ROA) was 4.3 %, which can be considered decent and Return on Equity (ROE) was 4.1 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 54.2 %, 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. FRITZ HANSEN A/S's liquidity measured by quick ratio was 0.4 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
20192020202120222023
Volume
Net sales573.13620.86777.78860.51645.98
Gross profit573.13620.86777.781 501.671 072.87
EBIT67.14111.19118.701.9327.20
Net earnings48.2280.6980.39-10.8213.07
Shareholders equity total314.83359.33383.75315.82328.14
Balance sheet total (assets)490.81547.99587.03694.93605.99
Net debt247.64179.19
Profitability
EBIT-%11.7 %17.9 %15.3 %0.2 %4.2 %
ROA13.2 %21.4 %20.9 %0.4 %4.3 %
ROE15.1 %23.9 %21.6 %-3.1 %4.1 %
ROI13.2 %21.4 %20.9 %0.4 %4.9 %
Economic value added (EVA)50.9595.37100.64-17.929.72
Solvency
Equity ratio100.0 %100.0 %100.0 %45.4 %54.2 %
Gearing91.3 %64.0 %
Relative net indebtedness %39.0 %37.9 %
Liquidity
Quick ratio0.40.4
Current ratio1.11.2
Cash and cash equivalents40.8430.78
Capital use efficiency
Trade debtors turnover (days)40.237.5
Net working capital %2.7 %10.0 %
Credit risk
Credit ratingBBBBBBBBBAAAAA

Variable visualization

ROA:4.32%
Rating: 41/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:54.2%
Rating: 43/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Board member
Chairman of the board

Companies in the same industry

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