T. Friis Holding ApS — Credit Rating and Financial Key Figures

CVR number: 37256943
Engdalsvej 26, 8220 Brabrand
thomas@degnfriis.com
tel: 53614304

Company information

Official name
T. Friis Holding ApS
Established
2015
Company form
Private limited company
Industry

About T. Friis Holding ApS

T. Friis Holding ApS (CVR number: 37256943) is a company from AARHUS. The company recorded a gross profit of -10.4 kDKK in 2023. The operating profit was -10.4 kDKK, while net earnings were 1055.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 54.8 %, which can be considered excellent and Return on Equity (ROE) was 53.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 97.4 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. T. Friis Holding ApS's liquidity measured by quick ratio was 7.8 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit-7.50-36.13-11.25-26.13-10.41
EBIT-7.50-36.13-11.25-26.13-10.41
Net earnings448.29812.68295.69250.811 055.13
Shareholders equity total795.351 497.421 443.111 493.922 431.25
Balance sheet total (assets)823.781 693.391 971.811 568.262 496.33
Net debt20.9474.986.59- 227.38-80.93
Profitability
EBIT-%
ROA65.4 %63.7 %18.1 %11.3 %54.8 %
ROE78.5 %70.9 %20.1 %17.1 %53.8 %
ROI66.1 %66.2 %19.3 %11.9 %55.2 %
Economic value added (EVA)11.38-6.9535.5646.38-1.28
Solvency
Equity ratio96.5 %88.4 %73.2 %95.3 %97.4 %
Gearing2.6 %7.2 %26.2 %4.5 %1.8 %
Relative net indebtedness %
Liquidity
Quick ratio3.41.61.28.67.8
Current ratio3.41.61.28.67.8
Cash and cash equivalents32.70371.11294.22125.39
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingABBBAAAA

Variable visualization

ROA:54.8%
Rating: 97/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:97.4%
Rating: 79/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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