FRIDAY P/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About FRIDAY P/S
FRIDAY P/S (CVR number: 35635661) is a company from KØBENHAVN. The company reported a net sales of 42.8 mDKK in 2024, demonstrating a growth of 16.7 % compared to the previous year. The operating profit percentage was at 0.3 % (EBIT: 0.1 mDKK), while net earnings were 0 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.1 %, which can be considered weak and Return on Equity (ROE) was 0 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 20.9 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. FRIDAY P/S's liquidity measured by quick ratio was 1.5 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 financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 33.11 | 29.27 | 33.13 | 36.69 | 42.81 |
Gross profit | 24.22 | 19.65 | 23.08 | 27.88 | 30.06 |
EBIT | 0.02 | 0.03 | 0.05 | 0.04 | 0.11 |
Net earnings | |||||
Shareholders equity total | 2.21 | 2.01 | 2.11 | 2.21 | 2.21 |
Balance sheet total (assets) | 14.97 | 11.99 | 12.38 | 15.32 | 12.28 |
Net debt | -1.74 | -0.67 | 1.38 | 2.50 | 1.50 |
Profitability | |||||
EBIT-% | 0.1 % | 0.1 % | 0.2 % | 0.1 % | 0.3 % |
ROA | 0.2 % | 0.2 % | 0.5 % | 0.3 % | 1.1 % |
ROE | |||||
ROI | 0.4 % | 0.7 % | 1.4 % | 0.7 % | 2.3 % |
Economic value added (EVA) | -0.22 | -0.18 | -0.12 | -0.20 | -0.26 |
Solvency | |||||
Equity ratio | 16.2 % | 18.1 % | 20.3 % | 15.4 % | 20.9 % |
Gearing | 89.0 % | 71.9 % | 128.9 % | 240.9 % | 129.2 % |
Relative net indebtedness % | 27.3 % | 26.9 % | 27.0 % | 28.1 % | 20.4 % |
Liquidity | |||||
Quick ratio | 1.3 | 1.3 | 1.6 | 1.3 | 1.5 |
Current ratio | 1.2 | 1.2 | 1.2 | 1.2 | 1.2 |
Cash and cash equivalents | 3.70 | 2.11 | 1.33 | 2.82 | 1.36 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 108.4 | 103.1 | 111.4 | 111.4 | 78.7 |
Net working capital % | 5.5 % | 6.3 % | 6.4 % | 5.6 % | 4.7 % |
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BBB |
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