FRITRADE SE — Credit Rating and Financial Key Figures

CVR number: 27079792
Fiolstræde 44, 1171 København K

Credit rating

Company information

Official name
FRITRADE SE
Established
2003
Industry

About FRITRADE SE

FRITRADE SE (CVR number: 27079792) is a company from KØBENHAVN. The company recorded a gross profit of -104.9 kDKK in 2023. The operating profit was -104.9 kDKK, while net earnings were 26.4 mDKK. The profitability of the company measured by Return on Assets (ROA) was 15.4 %, which can be considered excellent and Return on Equity (ROE) was 61.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 42 %, 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. FRITRADE SE's liquidity measured by quick ratio was 4.6 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 profit- 772.00-33.00- 135.00- 275.00- 104.91
EBIT- 772.00-33.00- 135.00- 275.00- 104.91
Net earnings-42 813.0026 018.00-7 356.00-29 488.0026 448.40
Shareholders equity total- 146 211.00- 120 193.00- 127 549.00- 157 036.00- 130 588.21
Balance sheet total (assets)64 442.0080 022.0080 038.0042 833.0042 658.48
Net debt205 670.00192 663.00203 427.00195 360.00160 642.62
Profitability
EBIT-%
ROA-20.2 %14.3 %-0.1 %-13.5 %15.4 %
ROE-50.3 %36.0 %-9.2 %-48.0 %61.9 %
ROI-20.3 %14.4 %-0.1 %-13.5 %15.4 %
Economic value added (EVA)6 106.848 287.216 938.777 182.868 529.00
Solvency
Equity ratio8.5 %10.7 %15.8 %60.4 %42.0 %
Gearing-140.7 %-160.3 %-159.5 %-124.4 %-123.0 %
Relative net indebtedness %
Liquidity
Quick ratio1.01.11.14.64.6
Current ratio1.01.11.14.64.6
Cash and cash equivalents4.000.27
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBB

Variable visualization

ROA:15.4%
Rating: 67/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:42.0%
Rating: 34/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member

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