FRIS ApS — Credit Rating and Financial Key Figures

CVR number: 28099363
Vagtelvej 31, 2000 Frederiksberg
fris@frisaps.dk
tel: 20653977

Credit rating

Company information

Official name
FRIS ApS
Personnel
1 person
Established
2004
Company form
Private limited company
Industry

About FRIS ApS

FRIS ApS (CVR number: 28099363) is a company from FREDERIKSBERG. The company recorded a gross profit of 247.5 kDKK in 2023, demonstrating a decline of -33.8 % compared to the previous year. The operating profit was 12.6 kDKK, while net earnings were 9.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6.2 %, which can be considered decent and Return on Equity (ROE) was 7.2 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 66.7 %, 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. FRIS ApS's liquidity measured by quick ratio was 1.9 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

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales481.55550.93492.74401.43
Gross profit463.55521.37460.05373.62247.46
EBIT22.165.11-4.103.9512.64
Net earnings14.562.27-5.713.569.37
Shareholders equity total125.76128.02122.32125.87135.24
Balance sheet total (assets)358.44358.29214.11202.54202.80
Net debt- 284.80-23.27- 119.62-95.06-73.67
Profitability
EBIT-%4.6 %0.9 %-0.8 %1.0 %
ROA5.1 %1.4 %-1.4 %2.8 %6.2 %
ROE9.1 %1.8 %-4.6 %2.9 %7.2 %
ROI13.8 %4.0 %-3.3 %4.8 %9.7 %
Economic value added (EVA)21.2013.11-9.472.457.82
Solvency
Equity ratio35.1 %35.7 %57.1 %62.1 %66.7 %
Gearing
Relative net indebtedness %-10.8 %37.6 %-5.6 %-4.6 %
Liquidity
Quick ratio1.51.62.31.61.9
Current ratio1.51.62.31.61.9
Cash and cash equivalents284.8023.27119.6295.0673.67
Capital use efficiency
Trade debtors turnover (days)53.985.767.924.7
Net working capital %26.1 %23.2 %24.8 %12.2 %
Credit risk
Credit ratingBBBBBBBBBBBB

Variable visualization

ROA:6.24%
Rating: 46/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:66.7%
Rating: 51/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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