FRIIS Miljø ApS — Credit Rating and Financial Key Figures

CVR number: 26314968
Glansager 6, Vollerup 6400 Sønderborg
tel: 74472147

Credit rating

Company information

Official name
FRIIS Miljø ApS
Established
2001
Domicile
Vollerup
Company form
Private limited company
Industry
  • Expand more icon46Wholesale trade, except of motor vehicles and motorcycles

About FRIIS Miljø ApS

FRIIS Miljø ApS (CVR number: 26314968) is a company from SØNDERBORG. The company recorded a gross profit of 788.4 kDKK in 2023. The operating profit was 721.2 kDKK, while net earnings were 592.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 16.8 %, which can be considered excellent and Return on Equity (ROE) was 22.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 60.5 %, 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 Miljø ApS'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
20192020202120222023
Volume
Net sales
Gross profit281.00609.00843.00789.00788.43
EBIT205.00533.00767.00713.00721.22
Net earnings116.00402.00594.00552.00592.83
Shareholders equity total1 319.001 571.001 765.002 317.002 909.87
Balance sheet total (assets)2 642.003 704.004 285.004 415.004 809.02
Net debt917.001 428.001 770.001 423.001 036.05
Profitability
EBIT-%
ROA8.2 %17.4 %20.2 %17.3 %16.8 %
ROE8.2 %27.8 %35.6 %27.0 %22.7 %
ROI8.9 %18.7 %22.1 %19.0 %17.9 %
Economic value added (EVA)58.21350.53501.81466.55489.55
Solvency
Equity ratio49.9 %42.4 %41.2 %52.5 %60.5 %
Gearing86.1 %119.6 %118.9 %75.8 %57.3 %
Relative net indebtedness %
Liquidity
Quick ratio1.11.31.11.31.4
Current ratio1.11.31.11.31.4
Cash and cash equivalents218.00451.00328.00333.00630.88
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:16.8%
Rating: 69/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:60.5%
Rating: 47/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

Companies in the same industry

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