T. FRITS HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 28690819
Serup Skovvej 7, 8632 Lemming
torben_frits@msn.com
tel: 24802470

Company information

Official name
T. FRITS HOLDING ApS
Established
2005
Company form
Private limited company
Industry

About T. FRITS HOLDING ApS

T. FRITS HOLDING ApS (CVR number: 28690819) is a company from SILKEBORG. The company recorded a gross profit of -58.4 kDKK in 2024. The operating profit was -58.4 kDKK, while net earnings were 1138.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.4 %, which can be considered decent but Return on Equity (ROE) was 4 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 98.7 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. T. FRITS HOLDING ApS's liquidity measured by quick ratio was 14.4 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit-55.72-54.11-67.11-40.61-58.41
EBIT-55.72-54.11-67.11-40.61-58.41
Net earnings4 305.632 004.14- 784.52902.791 138.05
Shareholders equity total30 793.5730 397.7128 098.1928 883.1928 121.24
Balance sheet total (assets)30 809.8030 921.8528 450.3629 517.5128 481.16
Net debt-15 449.85-14 909.63-10 352.98-8 562.69-4 577.55
Profitability
EBIT-%
ROA15.6 %8.2 %2.8 %3.7 %4.4 %
ROE14.5 %6.6 %-2.7 %3.2 %4.0 %
ROI15.7 %8.2 %2.8 %3.7 %4.4 %
Economic value added (EVA)- 283.16- 282.3313.55-34.6464.65
Solvency
Equity ratio99.9 %98.3 %98.8 %97.9 %98.7 %
Gearing0.0 %0.4 %1.2 %2.1 %0.9 %
Relative net indebtedness %
Liquidity
Quick ratio1 317.829.836.415.314.4
Current ratio1 317.829.836.415.314.4
Cash and cash equivalents15 450.5915 023.6610 688.519 183.484 841.40
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:4.42%
Rating: 41/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:98.7%
Rating: 81/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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