FRIENDSHIP EUROPE ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About FRIENDSHIP EUROPE ApS
FRIENDSHIP EUROPE ApS (CVR number: 34731527) is a company from ROSKILDE. The company recorded a gross profit of 4561.9 kDKK in 2023. The operating profit was 3649.7 kDKK, while net earnings were 2829.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 49.5 %, which can be considered excellent and Return on Equity (ROE) was 42.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 88.3 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. FRIENDSHIP EUROPE ApS's liquidity measured by quick ratio was 6.8 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 | 944.06 | 1 611.90 | 2 210.16 | 3 703.88 | 4 561.91 |
EBIT | 944.06 | 1 139.05 | 1 694.24 | 3 115.46 | 3 649.73 |
Net earnings | 701.62 | 884.15 | 1 439.97 | 2 413.45 | 2 829.81 |
Shareholders equity total | 2 193.07 | 2 761.23 | 3 636.19 | 5 477.64 | 7 718.46 |
Balance sheet total (assets) | 2 599.14 | 3 565.62 | 5 351.14 | 6 356.70 | 8 742.71 |
Net debt | - 846.01 | -1 326.07 | -1 826.71 | -1 664.14 | -5 436.91 |
Profitability | |||||
EBIT-% | |||||
ROA | 41.1 % | 37.7 % | 43.4 % | 55.4 % | 49.5 % |
ROE | 38.1 % | 35.7 % | 45.0 % | 53.0 % | 42.9 % |
ROI | 48.4 % | 40.5 % | 52.7 % | 68.3 % | 56.7 % |
Economic value added (EVA) | 684.64 | 876.26 | 1 209.70 | 2 324.71 | 2 653.95 |
Solvency | |||||
Equity ratio | 84.4 % | 77.4 % | 68.0 % | 86.2 % | 88.3 % |
Gearing | |||||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 9.0 | 11.3 | 2.1 | 3.6 | 6.8 |
Current ratio | 14.6 | 13.8 | 4.0 | 7.1 | 8.4 |
Cash and cash equivalents | 846.01 | 1 326.07 | 1 826.71 | 1 664.14 | 5 436.91 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | A | A | A | A |
Variable visualization
Companies in the same industry
Create your own estimates for any company
Valuation analysis
See instructions
... and more!
No registration needed.