FLEMMING FRIIS HOLDING A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About FLEMMING FRIIS HOLDING A/S
FLEMMING FRIIS HOLDING A/S (CVR number: 11734898) is a company from AARHUS. The company recorded a gross profit of -48.7 kDKK in 2024. The operating profit was -208.7 kDKK, while net earnings were -155.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was -0.6 %, which can be considered poor and Return on Equity (ROE) was -1.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 99 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. FLEMMING FRIIS HOLDING A/S's liquidity measured by quick ratio was 2.1 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -12.50 | -46.25 | -38.13 | -37.21 | -48.70 |
EBIT | -12.50 | -46.25 | -38.13 | -37.21 | - 208.71 |
Net earnings | 2 067.67 | -66.52 | -42.96 | 388.00 | - 155.26 |
Shareholders equity total | 10 601.08 | 10 534.56 | 10 491.60 | 10 879.60 | 10 179.34 |
Balance sheet total (assets) | 10 748.08 | 10 695.76 | 10 571.03 | 11 499.75 | 10 285.28 |
Net debt | - 900.13 | 130.82 | - 461.89 | 23.97 | - 110.62 |
Profitability | |||||
EBIT-% | |||||
ROA | 25.5 % | 2.2 % | -0.1 % | 5.1 % | -0.6 % |
ROE | 21.5 % | -0.6 % | -0.4 % | 3.6 % | -1.5 % |
ROI | 25.7 % | 2.2 % | -0.1 % | 5.2 % | -0.6 % |
Economic value added (EVA) | - 448.66 | - 568.95 | - 566.27 | - 558.97 | - 733.60 |
Solvency | |||||
Equity ratio | 98.6 % | 98.5 % | 99.2 % | 94.6 % | 99.0 % |
Gearing | 0.0 % | 1.4 % | 0.5 % | 4.4 % | 0.6 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 9.5 | 5.7 | 12.6 | 1.1 | 2.1 |
Current ratio | 9.5 | 5.7 | 12.6 | 1.1 | 2.1 |
Cash and cash equivalents | 902.50 | 11.64 | 516.44 | 455.57 | 172.57 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | BBB | BBB | A | BBB |
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