FRITS SØRENSEN A/S — Credit Rating and Financial Key Figures

CVR number: 56992812
Pile Alle 5 F, 2000 Frederiksberg
tmy@fritssorensen.dk
tel: 82820202
Free credit report Annual report

Credit rating

Company information

Official name
FRITS SØRENSEN A/S
Personnel
1 person
Established
1953
Company form
Limited company
Industry

About FRITS SØRENSEN A/S

FRITS SØRENSEN A/S (CVR number: 56992812) is a company from FREDERIKSBERG. The company recorded a gross profit of 762.4 kDKK in 2024. The operating profit was 480.4 kDKK, while net earnings were 350.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 9.8 %, which can be considered good but Return on Equity (ROE) was 24.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 33.5 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. FRITS SØRENSEN A/S's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.

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 profit777.731 142.58632.98208.13762.42
EBIT200.53544.65179.77- 174.51480.36
Net earnings122.03384.5278.61- 261.95350.20
Shareholders equity total1 042.591 427.111 505.721 243.771 593.96
Balance sheet total (assets)3 403.163 308.094 002.035 049.894 757.25
Net debt801.56914.841 486.831 959.941 450.72
Profitability
EBIT-%
ROA6.8 %16.4 %5.0 %-3.8 %9.8 %
ROE12.4 %31.1 %5.4 %-19.1 %24.7 %
ROI10.0 %24.8 %6.7 %-5.6 %15.2 %
Economic value added (EVA)55.82323.4418.97- 331.69288.69
Solvency
Equity ratio30.6 %43.1 %37.6 %24.6 %33.5 %
Gearing93.0 %68.8 %102.3 %159.2 %93.2 %
Relative net indebtedness %
Liquidity
Quick ratio0.70.30.30.10.7
Current ratio1.41.71.61.31.5
Cash and cash equivalents167.5667.6253.9920.0935.14
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBB

Variable visualization

ROA:9.80%
Rating: 57/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:33.5%
Rating: 29/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

CreditReports API
  • Company information
  • Financial data
  • Credit risk data
  • All 400,000+ Danish companies

Try the full version of our system for free
Bankruptcy risk visualization example

... and more!

No registration needed.