FRIIS DEVELOPMENT ApS — Credit Rating and Financial Key Figures

FRIIS DEVELOPMENT ApS (CVR number: 30501276) is a company from KOLDING. The company reported a net sales of -0 mDKK in 2023, demonstrating a decline of -100.5 % compared to the previous year. The operating profit percentage was poor at 0 % (EBIT: -0 mDKK), while net earnings were 402.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 8.1 %, which can be considered good but Return on Equity (ROE) was 5.5 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 99.6 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. FRIIS DEVELOPMENT ApS's liquidity measured by quick ratio was 143.6 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.