MORTEN FRIIS A/S — Credit Rating and Financial Key Figures

MORTEN FRIIS A/S (CVR number: 58992615) is a company from HEDENSTED. The company recorded a gross profit of 14.7 mDKK in 2024. The operating profit was 442 kDKK, while net earnings were -2.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.8 %, which can be considered weak but Return on Equity (ROE) was -0 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 29.3 %, 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. MORTEN FRIIS A/S's liquidity measured by quick ratio was 1.4 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.