FRITEK A/S — Credit Rating and Financial Key Figures

CVR number: 12165641
Egelund 19, 6200 Aabenraa
tel: 74621514
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Company information

Official name
FRITEK A/S
Personnel
35 persons
Established
1988
Company form
Limited company
Industry

About FRITEK A/S

FRITEK A/S (CVR number: 12165641) is a company from AABENRAA. The company recorded a gross profit of 22.7 mDKK in 2024. The operating profit was 3430.4 kDKK, while net earnings were 2527.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 15.7 %, which can be considered excellent and Return on Equity (ROE) was 40.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 29 %, 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. FRITEK A/S's liquidity measured by quick ratio was 0.9 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

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 profit14 747.3816 245.4418 501.3719 297.7422 693.86
EBIT1 486.251 853.493 150.873 051.953 430.43
Net earnings1 090.541 380.272 390.582 213.782 527.52
Shareholders equity total4 462.604 842.875 933.455 947.236 474.74
Balance sheet total (assets)14 871.4514 409.5616 437.4221 588.3522 290.91
Net debt2 058.082 507.282 439.647 915.739 023.04
Profitability
EBIT-%
ROA10.8 %12.7 %20.4 %16.1 %15.7 %
ROE26.5 %29.7 %44.4 %37.3 %40.7 %
ROI17.9 %20.8 %31.1 %22.6 %21.3 %
Economic value added (EVA)803.401 043.572 037.911 825.601 875.86
Solvency
Equity ratio30.0 %35.0 %36.1 %27.5 %29.0 %
Gearing66.2 %59.9 %79.1 %158.6 %147.0 %
Relative net indebtedness %
Liquidity
Quick ratio1.11.21.20.90.9
Current ratio1.41.61.61.21.2
Cash and cash equivalents898.33392.142 252.621 518.36494.71
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBAAAA

Variable visualization

ROA:15.7%
Rating: 67/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:29.0%
Rating: 26/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board

Companies in the same industry

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