KNUD FRIIS ApS — Credit Rating and Financial Key Figures

KNUD FRIIS ApS (CVR number: 19119173) is a company from LOLLAND. The company recorded a gross profit of -20 kDKK in 2018. The operating profit was -20 kDKK, while net earnings were -21.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was -8.3 %, which can be considered poor and Return on Equity (ROE) was -9.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 85.7 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. KNUD FRIIS ApS's liquidity measured by quick ratio was 7 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.