FRITZ-RASMUSSEN A/S — Credit Rating and Financial Key Figures

CVR number: 20967781
Symfonivej 16, 2730 Herlev
tel: 44533500

Credit rating

Company information

Official name
FRITZ-RASMUSSEN A/S
Personnel
1 person
Established
1998
Company form
Limited company
Industry

About FRITZ-RASMUSSEN A/S

FRITZ-RASMUSSEN A/S (CVR number: 20967781) is a company from HERLEV. The company recorded a gross profit of 2392.6 kDKK in 2022. The operating profit was -128.3 kDKK, while net earnings were -185.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -2 %, which can be considered poor and Return on Equity (ROE) was -7.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 31.1 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. FRITZ-RASMUSSEN A/S's liquidity measured by quick ratio was 1.4 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2018
2019
2020
2021
2022
Volume
Net sales
Gross profit2 657.003 085.862 625.791 684.952 392.65
EBIT137.03273.20- 512.67- 903.76- 128.25
Net earnings63.96160.82- 438.90- 742.94- 185.20
Shareholders equity total2 595.172 755.991 657.862 669.382 094.17
Balance sheet total (assets)4 975.685 206.674 212.446 310.776 726.27
Net debt734.711 066.48807.771 109.522 810.84
Profitability
EBIT-%
ROA2.8 %5.4 %-10.9 %-17.2 %-2.0 %
ROE2.5 %6.0 %-19.9 %-34.3 %-7.8 %
ROI3.4 %6.4 %-12.9 %-23.0 %-2.4 %
Economic value added (EVA)-21.5282.69- 552.09- 809.00- 243.38
Solvency
Equity ratio52.2 %52.9 %39.4 %42.3 %31.1 %
Gearing28.3 %38.7 %48.7 %41.6 %176.8 %
Relative net indebtedness %
Liquidity
Quick ratio0.20.20.20.11.4
Current ratio0.20.20.20.11.4
Cash and cash equivalents890.74
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAABBBBBBBBB

Variable visualization

ROA:-1.97%
Rating: 18/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:31.1%
Rating: 27/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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