C.Friis ApS — Credit Rating and Financial Key Figures

C.Friis ApS (CVR number: 43300954) is a company from HJØRRING. The company recorded a gross profit of -10.7 kDKK in 2023. The operating profit was -52 kDKK, while net earnings were 14.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 8.6 %, which can be considered good but Return on Equity (ROE) was 7 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 47.4 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. C.Friis ApS's liquidity measured by quick ratio was 1.9 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.