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 -396.2 kDKK in 2024. The operating profit was -521.6 kDKK, while net earnings were -1729.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1 %, which can be considered weak but Return on Equity (ROE) was -9.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 99.7 %, 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 283.3 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 | - 303.09 | - 309.20 | - 265.14 | - 354.02 | - 396.15 |
| EBIT | - 558.89 | - 589.33 | - 464.88 | - 469.98 | - 521.63 |
| Net earnings | 2 110.37 | - 112.43 | 256.93 | 1 396.76 | -1 729.22 |
| Shareholders equity total | 17 799.36 | 17 686.92 | 17 943.85 | 19 340.61 | 17 611.39 |
| Balance sheet total (assets) | 18 240.90 | 17 734.83 | 18 088.93 | 19 777.78 | 17 672.72 |
| Net debt | -15 550.30 | -14 962.89 | -14 880.50 | -19 305.86 | -17 134.22 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 15.3 % | 0.0 % | 2.3 % | 24.2 % | 1.0 % |
| ROE | 12.6 % | -0.6 % | 1.4 % | 7.5 % | -9.4 % |
| ROI | 15.5 % | 0.0 % | 2.3 % | 24.6 % | 1.1 % |
| Economic value added (EVA) | -1 255.48 | -1 480.36 | -1 267.21 | -1 266.70 | -1 501.46 |
| Solvency | |||||
| Equity ratio | 97.6 % | 99.7 % | 99.2 % | 97.8 % | 99.7 % |
| Gearing | 0.0 % | 0.0 % | 0.0 % | 0.0 % | 0.0 % |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 332.3 | 360.1 | 358.2 | 469.8 | 283.3 |
| Current ratio | 332.3 | 360.1 | 358.2 | 469.8 | 283.3 |
| Cash and cash equivalents | 15 552.14 | 14 964.89 | 14 882.98 | 19 306.17 | 17 134.54 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | A | BBB | A | A | BBB |
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