Fries ApS — Credit Rating and Financial Key Figures

CVR number: 42464708
Grønnegade 26, 1107 København K
Jimmi@friesdesign.dk
tel: 42600347

Credit rating

Company information

Official name
Fries ApS
Personnel
1 person
Established
2021
Company form
Private limited company
Industry
  • Expand more icon32Other manufacturing

About Fries ApS

Fries ApS (CVR number: 42464708) is a company from KØBENHAVN. The company recorded a gross profit of 324.9 kDKK in 2023. The operating profit was 5.9 kDKK, while net earnings were 4.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.6 %, which can be considered decent and Return on Equity (ROE) was 6.5 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 65 %, 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. Fries ApS's liquidity measured by quick ratio was 3.1 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.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20222023
Volume
Net sales
Gross profit384.04324.95
EBIT33.215.94
Net earnings24.834.37
Shareholders equity total64.8369.20
Balance sheet total (assets)96.70115.87
Net debt-19.20-60.74
Profitability
EBIT-%
ROA34.3 %5.6 %
ROE38.3 %6.5 %
ROI51.2 %8.9 %
Economic value added (EVA)25.162.27
Solvency
Equity ratio67.0 %65.0 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio3.03.1
Current ratio3.02.5
Cash and cash equivalents19.2060.74
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBB

Variable visualization

ROA:5.59%
Rating: 45/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:65.0%
Rating: 50/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

Companies in the same industry

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