Friis Ejendomsselskab ApS — Credit Rating and Financial Key Figures

CVR number: 40705023
Søndre Ringvej 49 E, 2605 Brøndby

Company information

Official name
Friis Ejendomsselskab ApS
Established
2019
Company form
Private limited company
Industry

About Friis Ejendomsselskab ApS

Friis Ejendomsselskab ApS (CVR number: 40705023) is a company from BRØNDBY. The company recorded a gross profit of 50.7 kDKK in 2023. The operating profit was 31.9 kDKK, while net earnings were 14.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.7 %, which can be considered weak and Return on Equity (ROE) was 1.6 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 74.5 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. Friis Ejendomsselskab ApS's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.

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 profit14.2733.1444.3150.74
EBIT12.4730.7626.7531.86
Net earnings2.333.4413.3414.23
Shareholders equity total61.17864.61877.95892.18
Balance sheet total (assets)233.45924.211 155.631 197.54
Net debt61.16-59.8895.3561.92
Profitability
EBIT-%
ROA5.3 %5.3 %2.6 %2.7 %
ROE3.8 %0.7 %1.5 %1.6 %
ROI7.2 %5.7 %2.6 %2.8 %
Economic value added (EVA)12.4729.47-18.35-12.22
Solvency
Equity ratio26.2 %93.6 %76.0 %74.5 %
Gearing158.1 %2.8 %26.5 %28.4 %
Relative net indebtedness %
Liquidity
Quick ratio0.32.00.50.7
Current ratio0.32.00.50.7
Cash and cash equivalents35.5384.02137.04191.07
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBAA

Variable visualization

ROA:2.75%
Rating: 34/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:74.5%
Rating: 56/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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