Friis-Andersen Ejendomme ApS — Credit Rating and Financial Key Figures

CVR number: 37541656
Magnolialunden 5, 8960 Randers SØ

Credit rating

Company information

Official name
Friis-Andersen Ejendomme ApS
Established
2016
Company form
Private limited company
Industry

About Friis-Andersen Ejendomme ApS

Friis-Andersen Ejendomme ApS (CVR number: 37541656) is a company from RANDERS. The company recorded a gross profit of 105.1 kDKK in 2024. The operating profit was 62.1 kDKK, while net earnings were 15.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.5 %, which can be considered weak but Return on Equity (ROE) was 5.7 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 11.3 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. Friis-Andersen Ejendomme ApS's liquidity measured by quick ratio was 8 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit143.45147.42171.5270.59105.14
EBIT100.45104.42128.5227.5962.14
Net earnings32.1732.8159.47-10.3815.60
Shareholders equity total186.40219.21278.68268.30283.91
Balance sheet total (assets)3 106.863 179.592 822.422 445.152 510.82
Net debt2 071.372 055.891 895.751 892.101 835.59
Profitability
EBIT-%
ROA3.3 %3.3 %4.3 %1.0 %2.5 %
ROE18.9 %16.2 %23.9 %-3.8 %5.7 %
ROI6.2 %3.4 %4.3 %1.1 %2.5 %
Economic value added (EVA)100.60109.84131.0935.1845.71
Solvency
Equity ratio6.0 %6.9 %9.9 %11.0 %11.3 %
Gearing1514.1 %1317.8 %878.0 %784.7 %756.6 %
Relative net indebtedness %
Liquidity
Quick ratio12.625.79.46.58.0
Current ratio12.625.79.46.58.0
Cash and cash equivalents750.93832.82551.05213.27312.47
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:2.51%
Rating: 33/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:11.3%
Rating: 11/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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