FRITZ HANSEN A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2022 | 2023 | |
---|---|---|
Volume | ||
Net sales | 830 540.00 | 616 719.00 |
Gross profit | 1 465 525.00 | 1 043 871.00 |
EBIT | - 518.00 | 18 685.00 |
Net earnings | -10 820.00 | 13 066.00 |
Shareholders equity total | 315 824.00 | 328 145.00 |
Balance sheet total (assets) | 689 076.00 | 612 927.00 |
Net debt | 248 560.00 | 182 408.00 |
Profitability | ||
EBIT-% | -0.1 % | 3.0 % |
ROA | 0.2 % | 4.0 % |
ROE | -3.4 % | 4.1 % |
ROI | 0.3 % | 4.5 % |
Economic value added (EVA) | - 709.47 | 5 136.23 |
Solvency | ||
Equity ratio | 45.8 % | 53.5 % |
Gearing | 91.3 % | 64.0 % |
Relative net indebtedness % | 39.8 % | 41.3 % |
Liquidity | ||
Quick ratio | 0.5 | 0.5 |
Current ratio | 1.1 | 1.3 |
Cash and cash equivalents | 39 917.00 | 27 566.00 |
Capital use efficiency | ||
Trade debtors turnover (days) | 35.6 | 34.8 |
Net working capital % | 4.5 % | 11.6 % |
Credit risk | ||
Credit rating | AA | AAA |
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