FRITS ØDUM HOLDING RANDERS ApS — Credit Rating and Financial Key Figures

CVR number: 29172129
Messingvej 17, 8940 Randers SV
info@j-odum.dk

Credit rating

Company information

Official name
FRITS ØDUM HOLDING RANDERS ApS
Established
2005
Company form
Private limited company
Industry

About FRITS ØDUM HOLDING RANDERS ApS

FRITS ØDUM HOLDING RANDERS ApS (CVR number: 29172129) is a company from RANDERS. The company recorded a gross profit of -15 kDKK in 2024. The operating profit was -15 kDKK, while net earnings were 127 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.9 %, which can be considered decent but Return on Equity (ROE) was 2.9 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 95.5 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. FRITS ØDUM HOLDING RANDERS ApS's liquidity measured by quick ratio was 22.3 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit-9.50-28.88-10.13-13.00-15.00
EBIT- 245.87-28.88-10.13-13.00-15.00
Net earnings61.211 003.96386.27848.34126.99
Shareholders equity total2 691.953 582.913 854.784 585.324 262.31
Balance sheet total (assets)3 557.214 081.884 153.374 934.214 462.05
Net debt-2 852.83-3 950.05-3 667.95-3 820.10-3 157.04
Profitability
EBIT-%
ROA4.5 %34.2 %12.8 %24.3 %4.9 %
ROE2.3 %32.0 %10.4 %20.1 %2.9 %
ROI4.7 %36.8 %14.0 %26.1 %5.2 %
Economic value added (EVA)- 376.23- 192.71- 194.49- 203.83- 241.80
Solvency
Equity ratio75.7 %87.8 %92.8 %92.9 %95.5 %
Gearing25.8 %3.7 %0.0 %0.7 %
Relative net indebtedness %
Liquidity
Quick ratio4.28.213.914.122.3
Current ratio4.28.213.914.122.3
Cash and cash equivalents3 547.834 081.883 667.953 820.983 187.54
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBB

Variable visualization

ROA:4.90%
Rating: 43/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:95.5%
Rating: 76/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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