FREDERIK THIELE HOLDING A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About FREDERIK THIELE HOLDING A/S
FREDERIK THIELE HOLDING A/S (CVR number: 30003861) is a company from GENTOFTE. The company recorded a gross profit of -354 kDKK in 2023. The operating profit was -470 kDKK, while net earnings were 1396.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 24.2 %, which can be considered excellent but Return on Equity (ROE) was 7.5 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 97.8 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. FREDERIK THIELE HOLDING A/S's liquidity measured by quick ratio was 469.8 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 financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | - 234.70 | - 303.09 | - 309.20 | - 265.14 | - 354.02 |
EBIT | - 518.04 | - 558.89 | - 589.33 | - 464.88 | - 469.98 |
Net earnings | - 424.66 | 2 110.37 | - 112.43 | 256.93 | 1 396.76 |
Shareholders equity total | 15 688.99 | 17 799.36 | 17 686.92 | 17 943.85 | 19 340.61 |
Balance sheet total (assets) | 15 733.38 | 18 240.90 | 17 734.83 | 18 088.93 | 19 777.78 |
Net debt | -13 071.18 | -15 550.30 | -14 962.89 | -14 880.50 | -19 305.86 |
Profitability | |||||
EBIT-% | |||||
ROA | -2.1 % | 15.3 % | 0.0 % | 2.3 % | 24.2 % |
ROE | -2.7 % | 12.6 % | -0.6 % | 1.4 % | 7.5 % |
ROI | -2.1 % | 15.5 % | 0.0 % | 2.3 % | 24.6 % |
Economic value added (EVA) | - 643.18 | - 596.64 | - 696.73 | - 513.11 | - 517.95 |
Solvency | |||||
Equity ratio | 99.7 % | 97.6 % | 99.7 % | 99.2 % | 97.8 % |
Gearing | 0.0 % | 0.0 % | 0.0 % | 0.0 % | |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 338.3 | 332.3 | 360.1 | 358.2 | 469.8 |
Current ratio | 338.3 | 332.3 | 360.1 | 358.2 | 469.8 |
Cash and cash equivalents | 13 071.18 | 15 552.14 | 14 964.89 | 14 882.98 | 19 306.17 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | A | A | A | AA |
Variable visualization
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