FRIIS POULSEN ApS — Credit Rating and Financial Key Figures

FRIIS POULSEN ApS (CVR number: 25767411K) is a company from HERNING. The company reported a net sales of 928.5 mDKK in 2020, demonstrating a decline of -4.4 % compared to the previous year. The operating profit percentage was poor at -1.2 % (EBIT: -11.5 mDKK), while net earnings were -15.7 mDKK. The profitability of the company measured by Return on Assets (ROA) was -4.9 %, which can be considered poor and Return on Equity (ROE) was -22.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 34.8 %, 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. FRIIS POULSEN ApS's liquidity measured by quick ratio was 1.5 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.