FRITS FRANDSEN HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 33050852
Overstræde 8, 5000 Odense C
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Credit rating

Company information

Official name
FRITS FRANDSEN HOLDING ApS
Established
2010
Company form
Private limited company
Industry

About FRITS FRANDSEN HOLDING ApS

FRITS FRANDSEN HOLDING ApS (CVR number: 33050852) is a company from ODENSE. The company recorded a gross profit of -181.9 kDKK in 2024. The operating profit was -307.4 kDKK, while net earnings were -844.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was -1.6 %, which can be considered poor and Return on Equity (ROE) was -9.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -2 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. FRITS FRANDSEN HOLDING ApS's liquidity measured by quick ratio was 0 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit326.48198.15218.81- 179.53- 181.94
EBIT223.7795.44116.10- 307.39- 307.41
Net earnings591.25571.84-1 346.13- 536.80- 844.27
Shareholders equity total1 813.312 385.151 039.02502.23- 342.05
Balance sheet total (assets)23 370.9224 397.1723 308.1818 009.7716 918.32
Net debt13 730.1419 157.4218 203.6512 853.9912 025.01
Profitability
EBIT-%
ROA5.3 %4.4 %-2.4 %-0.2 %-1.6 %
ROE38.9 %27.2 %-78.6 %-69.7 %-9.7 %
ROI5.4 %4.8 %-2.8 %-0.3 %-2.2 %
Economic value added (EVA)- 778.43-1 026.60- 941.01-1 268.51- 978.97
Solvency
Equity ratio7.8 %9.8 %4.5 %2.8 %-2.0 %
Gearing1108.8 %803.2 %1754.9 %2561.1 %-3515.8 %
Relative net indebtedness %
Liquidity
Quick ratio4.00.10.00.00.0
Current ratio4.00.10.00.30.2
Cash and cash equivalents6 375.2229.978.290.52
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingABBBBBBBBBBBB

Variable visualization

ROA:-1.58%
Rating: 18/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-1.98%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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