TANDFRIIS ApS — Credit Rating and Financial Key Figures

CVR number: 32672922
Golfsvinget 9, 9900 Frederikshavn

Credit rating

Company information

Official name
TANDFRIIS ApS
Personnel
1 person
Established
2009
Company form
Private limited company
Industry

About TANDFRIIS ApS

TANDFRIIS ApS (CVR number: 32672922) is a company from FREDERIKSHAVN. The company reported a net sales of 0.9 mDKK in 2023. The operating profit percentage was at 20.1 % (EBIT: 0.2 mDKK), while net earnings were 145.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 11.5 %, which can be considered good but Return on Equity (ROE) was 19.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 49.7 %, 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. TANDFRIIS ApS's liquidity measured by quick ratio was 0.8 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

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales2 381.66- 287.18875.18
Gross profit2 289.01-36.82- 262.81-50.70830.28
EBIT1 645.38-68.01- 280.44- 388.06176.34
Net earnings1 258.02-66.16- 160.94- 490.82145.62
Shareholders equity total1 787.071 610.311 336.37731.16758.98
Balance sheet total (assets)3 575.832 472.572 294.171 550.931 527.16
Net debt956.3990.98164.90- 936.83- 214.45
Profitability
EBIT-%69.1 %20.1 %
ROA57.8 %-1.4 %-8.7 %-20.2 %11.5 %
ROE103.8 %-3.9 %-10.9 %-47.5 %19.5 %
ROI72.3 %-1.6 %-9.4 %-22.9 %14.8 %
Economic value added (EVA)1 194.12- 195.98- 322.37- 477.4670.54
Solvency
Equity ratio50.3 %65.6 %58.8 %47.1 %49.7 %
Gearing53.5 %43.5 %56.7 %77.4 %43.9 %
Relative net indebtedness %73.1 %-127.1 %25.2 %
Liquidity
Quick ratio1.77.82.91.90.8
Current ratio1.66.62.71.90.8
Cash and cash equivalents610.30592.731 502.93547.60
Capital use efficiency
Trade debtors turnover (days)
Net working capital %28.3 %54.6 %-80.4 %
Credit risk
Credit ratingABBBBBBBBBB

Variable visualization

ROA:11.5%
Rating: 61/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:49.7%
Rating: 40/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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