TANDFRIIS ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 2 381.66 | - 287.18 | 875.18 | ||
Gross profit | 2 289.01 | -36.82 | - 262.81 | -50.70 | 830.28 |
EBIT | 1 645.38 | -68.01 | - 280.44 | - 388.06 | 176.34 |
Net earnings | 1 258.02 | -66.16 | - 160.94 | - 490.82 | 145.62 |
Shareholders equity total | 1 787.07 | 1 610.31 | 1 336.37 | 731.16 | 758.98 |
Balance sheet total (assets) | 3 575.83 | 2 472.57 | 2 294.17 | 1 550.93 | 1 527.16 |
Net debt | 956.39 | 90.98 | 164.90 | - 936.83 | - 214.45 |
Profitability | |||||
EBIT-% | 69.1 % | 20.1 % | |||
ROA | 57.8 % | -1.4 % | -8.7 % | -20.2 % | 11.5 % |
ROE | 103.8 % | -3.9 % | -10.9 % | -47.5 % | 19.5 % |
ROI | 72.3 % | -1.6 % | -9.4 % | -22.9 % | 14.8 % |
Economic value added (EVA) | 1 194.12 | - 195.98 | - 322.37 | - 477.46 | 70.54 |
Solvency | |||||
Equity ratio | 50.3 % | 65.6 % | 58.8 % | 47.1 % | 49.7 % |
Gearing | 53.5 % | 43.5 % | 56.7 % | 77.4 % | 43.9 % |
Relative net indebtedness % | 73.1 % | -127.1 % | 25.2 % | ||
Liquidity | |||||
Quick ratio | 1.7 | 7.8 | 2.9 | 1.9 | 0.8 |
Current ratio | 1.6 | 6.6 | 2.7 | 1.9 | 0.8 |
Cash and cash equivalents | 610.30 | 592.73 | 1 502.93 | 547.60 | |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | 28.3 % | 54.6 % | -80.4 % | ||
Credit risk | |||||
Credit rating | A | BBB | BB | BB | BBB |
Variable visualization
Companies in the same industry
- Professional credit risk reports
- Create your own estimates for any company
- Valuation analysis
- All 400,000+ Danish companies
- See instructions

... and more!
No registration needed.