FRITS ANDERSEN HOLDING A/S — Credit Rating and Financial Key Figures

CVR number: 15121408
Industrivej 46, 4683 Rønnede
tel: 56504424

Company information

Official name
FRITS ANDERSEN HOLDING A/S
Personnel
1 person
Established
1991
Company form
Limited company
Industry

About FRITS ANDERSEN HOLDING A/S

FRITS ANDERSEN HOLDING A/S (CVR number: 15121408) is a company from FAXE. The company recorded a gross profit of 590.7 kDKK in 2023. The operating profit was 256.4 kDKK, while net earnings were 1269.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 11.9 %, which can be considered good and Return on Equity (ROE) was 14.3 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 63.5 %, 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. FRITS ANDERSEN HOLDING A/S's liquidity measured by quick ratio was 5 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit568.32783.77479.31530.01590.71
EBIT204.06336.13114.06164.99256.38
Net earnings206.77282.87107.56150.811 269.73
Shareholders equity total7 718.658 001.528 109.088 259.899 529.62
Balance sheet total (assets)14 174.4514 216.5413 933.9613 793.2415 007.68
Net debt5 717.534 523.914 605.714 486.484 348.44
Profitability
EBIT-%
ROA2.1 %3.1 %1.6 %2.0 %11.9 %
ROE2.7 %3.6 %1.3 %1.8 %14.3 %
ROI2.2 %3.2 %1.6 %2.1 %12.3 %
Economic value added (EVA)- 482.65- 392.28- 524.88- 493.95- 423.67
Solvency
Equity ratio54.7 %56.6 %58.2 %59.9 %63.5 %
Gearing78.1 %71.2 %66.5 %61.2 %49.5 %
Relative net indebtedness %
Liquidity
Quick ratio5.57.86.86.45.0
Current ratio5.17.06.86.45.0
Cash and cash equivalents308.311 171.16782.96569.29365.31
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAA

Variable visualization

ROA:11.9%
Rating: 61/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:63.5%
Rating: 49/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board

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