FRITS PEDERSEN A/S — Credit Rating and Financial Key Figures

CVR number: 26380464
Vermundsgade 38 B, 2100 København Ø
fp@frits.dk
tel: 35433344
www.frits.dk

Credit rating

Company information

Official name
FRITS PEDERSEN A/S
Personnel
12 persons
Established
2001
Company form
Limited company
Industry
  • Expand more icon46Wholesale trade, except of motor vehicles and motorcycles

About FRITS PEDERSEN A/S

FRITS PEDERSEN A/S (CVR number: 26380464) is a company from KØBENHAVN. The company recorded a gross profit of 8133 kDKK in 2023. The operating profit was 2324.8 kDKK, while net earnings were 1844.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6.3 %, which can be considered decent but Return on Equity (ROE) was 10.3 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 47.5 %, 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. FRITS PEDERSEN A/S's liquidity measured by quick ratio was 0.4 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

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 profit6 198.186 223.457 175.447 406.178 132.96
EBIT1 167.551 320.121 765.181 661.312 324.80
Net earnings915.351 030.99951.961 306.161 844.34
Shareholders equity total17 055.0917 586.0817 538.0417 719.2018 263.54
Balance sheet total (assets)25 484.1332 048.6337 395.7937 335.5238 553.33
Net debt- 715.21-2 371.07-1 427.12-2 102.94-2 461.02
Profitability
EBIT-%
ROA5.0 %4.8 %5.4 %4.8 %6.3 %
ROE5.5 %6.0 %5.4 %7.4 %10.3 %
ROI7.2 %7.5 %10.0 %9.6 %12.8 %
Economic value added (EVA)109.31232.01549.00516.891 077.27
Solvency
Equity ratio66.9 %54.9 %47.1 %47.5 %47.5 %
Gearing3.0 %6.0 %3.9 %5.5 %2.2 %
Relative net indebtedness %
Liquidity
Quick ratio0.60.70.40.40.4
Current ratio3.02.21.91.91.9
Cash and cash equivalents1 221.843 420.662 111.133 082.862 870.35
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAA

Variable visualization

ROA:6.30%
Rating: 47/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:47.5%
Rating: 38/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member

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