FRITS FREDERIKSEN INVEST A/S. HUMLEBÆK — Credit Rating and Financial Key Figures
Credit rating
Company information
About FRITS FREDERIKSEN INVEST A/S. HUMLEBÆK
FRITS FREDERIKSEN INVEST A/S. HUMLEBÆK (CVR number: 33104618) is a company from HELSINGØR. The company reported a net sales of 1.4 mDKK in 2023, demonstrating a decline of -1.9 % compared to the previous year. The operating profit percentage was at 45.6 % (EBIT: 0.6 mDKK), while net earnings were 613.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7.2 %, which can be considered decent and Return on Equity (ROE) was 6.9 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 81.1 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. FRITS FREDERIKSEN INVEST A/S. HUMLEBÆK's liquidity measured by quick ratio was 5.4 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 1 328.34 | 1 345.83 | 1 330.44 | 1 450.10 | 1 422.17 |
Gross profit | 900.32 | 858.46 | 800.84 | 1 065.15 | 1 032.03 |
EBIT | 614.06 | 572.20 | 514.58 | 685.29 | 649.00 |
Net earnings | 499.47 | 441.80 | 378.43 | 551.73 | 613.92 |
Shareholders equity total | 7 212.99 | 7 654.79 | 8 033.22 | 8 584.95 | 9 198.87 |
Balance sheet total (assets) | 9 374.69 | 9 826.48 | 10 213.26 | 10 573.56 | 11 347.52 |
Net debt | -2 914.91 | -3 443.20 | - 364.60 | - 573.72 | -1 197.98 |
Profitability | |||||
EBIT-% | 46.2 % | 42.5 % | 38.7 % | 47.3 % | 45.6 % |
ROA | 7.1 % | 6.0 % | 5.1 % | 6.9 % | 7.2 % |
ROE | 7.2 % | 5.9 % | 4.8 % | 6.6 % | 6.9 % |
ROI | 7.8 % | 6.7 % | 5.7 % | 7.5 % | 7.6 % |
Economic value added (EVA) | 180.67 | 229.73 | 189.38 | 147.92 | 114.60 |
Solvency | |||||
Equity ratio | 76.9 % | 77.9 % | 78.7 % | 81.2 % | 81.1 % |
Gearing | 2.6 % | 3.7 % | |||
Relative net indebtedness % | -149.0 % | -184.1 % | 47.2 % | 1.3 % | -37.7 % |
Liquidity | |||||
Quick ratio | 3.3 | 3.7 | 4.1 | 5.5 | 5.4 |
Current ratio | 3.3 | 3.7 | 4.1 | 5.5 | 5.4 |
Cash and cash equivalents | 2 914.91 | 3 443.20 | 364.60 | 800.81 | 1 535.65 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | 161.2 % | 197.0 % | 232.7 % | 256.2 % | 309.2 % |
Credit risk | |||||
Credit rating | A | A | A | A | A |
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