FRIIS OPTIK HORSENS A/S — Credit Rating and Financial Key Figures

CVR number: 86053217
Hospitalsgade 19, 8700 Horsens
tel: 75616304

Credit rating

Company information

Official name
FRIIS OPTIK HORSENS A/S
Personnel
24 persons
Established
1979
Company form
Limited company
Industry
  • Expand more icon47Retail trade, except of motor vehicles and motorcycles

About FRIIS OPTIK HORSENS A/S

FRIIS OPTIK HORSENS A/S (CVR number: 86053217) is a company from HORSENS. The company recorded a gross profit of 14.3 mDKK in 2023. The operating profit was 1889 kDKK, while net earnings were 2000.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 14.5 %, which can be considered good but Return on Equity (ROE) was 15.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 75.8 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. FRIIS OPTIK HORSENS A/S's liquidity measured by quick ratio was 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20192020202120222023
Volume
Net sales
Gross profit13 605.9416 581.1817 235.8815 828.1414 254.35
EBIT3 387.315 805.845 909.403 665.071 889.04
Net earnings2 632.744 875.874 435.183 098.242 000.64
Shareholders equity total6 800.069 043.198 602.5011 700.7413 701.38
Balance sheet total (assets)14 032.3818 667.8415 432.1718 793.5918 064.56
Net debt-5 383.95-8 275.36-2 741.14-6 623.65-7 946.45
Profitability
EBIT-%
ROA25.0 %38.9 %35.2 %23.8 %14.5 %
ROE39.5 %61.6 %50.3 %30.5 %15.8 %
ROI41.2 %63.9 %54.5 %34.6 %19.1 %
Economic value added (EVA)2 611.814 508.884 714.262 630.221 303.55
Solvency
Equity ratio48.5 %48.4 %55.7 %62.3 %75.8 %
Gearing15.3 %31.8 %15.4 %14.6 %5.3 %
Relative net indebtedness %
Liquidity
Quick ratio1.31.41.52.03.0
Current ratio1.71.82.12.53.8
Cash and cash equivalents6 423.7811 154.374 065.298 332.088 678.77
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAAAAAAAA

Variable visualization

ROA:14.5%
Rating: 65/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:75.8%
Rating: 57/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board

Companies in the same industry

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