Friis & Højer ApS — Credit Rating and Financial Key Figures

Friis & Højer ApS (CVR number: 41972505) is a company from VIBORG. The company reported a net sales of -0.2 mDKK in 2022, demonstrating a decline of -348.1 % compared to the previous year. The operating profit percentage was poor at 0 % (EBIT: -0.2 mDKK), while net earnings were -176.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -64.3 %, which can be considered poor and Return on Equity (ROE) was -116.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -43.3 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Friis & Højer ApS's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.