Friction Structures ApS — Credit Rating and Financial Key Figures

Friction Structures ApS (CVR number: 39840561) is a company from GLADSAXE. The company recorded a gross profit of -36.2 kDKK in 2024. The operating profit was -36.9 kDKK, while net earnings were -50.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -1.1 %, which can be considered poor and Return on Equity (ROE) was -34.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -99.5 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Friction Structures ApS's liquidity measured by quick ratio was 0.8 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.