FRIENDSHIP EUROPE ApS — Credit Rating and Financial Key Figures

CVR number: 34731527
Industrivej 3 C, 4000 Roskilde
pernille.gottlieb@friendshipeurope.com
tel: 20695066
https://www.friendshipeurope.org/

Credit rating

Company information

Official name
FRIENDSHIP EUROPE ApS
Personnel
3 persons
Established
2012
Company form
Private limited company
Industry
  • Expand more icon46Wholesale trade, except of motor vehicles and motorcycles

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20192020202120222023
Volume
Net sales
Gross profit944.061 611.902 210.163 703.884 561.91
EBIT944.061 139.051 694.243 115.463 649.73
Net earnings701.62884.151 439.972 413.452 829.81
Shareholders equity total2 193.072 761.233 636.195 477.647 718.46
Balance sheet total (assets)2 599.143 565.625 351.146 356.708 742.71
Net debt- 846.01-1 326.07-1 826.71-1 664.14-5 436.91
Profitability
EBIT-%
ROA41.1 %37.7 %43.4 %55.4 %49.5 %
ROE38.1 %35.7 %45.0 %53.0 %42.9 %
ROI48.4 %40.5 %52.7 %68.3 %56.7 %
Economic value added (EVA)684.64876.261 209.702 324.712 653.95
Solvency
Equity ratio84.4 %77.4 %68.0 %86.2 %88.3 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio9.011.32.13.66.8
Current ratio14.613.84.07.18.4
Cash and cash equivalents846.011 326.071 826.711 664.145 436.91
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBAAAA

Variable visualization

ROA:49.5%
Rating: 94/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:88.3%
Rating: 68/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Companies in the same industry

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