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: 14120211) is a company from ALLERØD. The company reported a net sales of 616.7 mDKK in 2023, demonstrating a decline of -25.7 % compared to the previous year. The operating profit percentage was at 3 % (EBIT: 18.7 mDKK), while net earnings were 13.1 mDKK. The profitability of the company measured by Return on Assets (ROA) was 4 %, which can be considered weak but Return on Equity (ROE) was 4.1 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 53.5 %, 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 0.5 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

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20222023
Volume
Net sales830 540.00616 719.00
Gross profit1 465 525.001 043 871.00
EBIT- 518.0018 685.00
Net earnings-10 820.0013 066.00
Shareholders equity total315 824.00328 145.00
Balance sheet total (assets)689 076.00612 927.00
Net debt248 560.00182 408.00
Profitability
EBIT-%-0.1 %3.0 %
ROA0.2 %4.0 %
ROE-3.4 %4.1 %
ROI0.3 %4.5 %
Economic value added (EVA)- 709.475 136.23
Solvency
Equity ratio45.8 %53.5 %
Gearing91.3 %64.0 %
Relative net indebtedness %39.8 %41.3 %
Liquidity
Quick ratio0.50.5
Current ratio1.11.3
Cash and cash equivalents39 917.0027 566.00
Capital use efficiency
Trade debtors turnover (days)35.634.8
Net working capital %4.5 %11.6 %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:3.98%
Rating: 40/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:53.5%
Rating: 42/100
-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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