Friis Holding 2019 ApS — Credit Rating and Financial Key Figures

CVR number: 40603468
Begonievej 1, Klakring 7130 Juelsminde
tage@profibermail.dk
tel: 24269781

Company information

Official name
Friis Holding 2019 ApS
Established
2019
Domicile
Klakring
Company form
Private limited company
Industry

About Friis Holding 2019 ApS

Friis Holding 2019 ApS (CVR number: 40603468) is a company from HEDENSTED. The company recorded a gross profit of -2.6 kDKK in 2023. The operating profit was -2.6 kDKK, while net earnings were 651.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 22.2 %, which can be considered excellent and Return on Equity (ROE) was 112.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 24.3 %, 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. Friis Holding 2019 ApS's liquidity measured by quick ratio was 0.3 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit-2.53-3.33-2.55-3.01-2.56
EBIT-2.53-3.33-2.55-3.01-2.56
Net earnings933.49- 665.1144.5796.66651.71
Shareholders equity total973.49253.08241.16280.62873.43
Balance sheet total (assets)5 138.573 681.903 668.893 596.193 592.88
Net debt-1 038.57- 181.90-18.8953.81107.12
Profitability
EBIT-%
ROA19.4 %13.5 %2.7 %5.4 %22.2 %
ROE95.9 %-108.5 %18.0 %37.1 %112.9 %
ROI19.5 %-13.8 %2.7 %9.7 %106.1 %
Economic value added (EVA)-2.53-0.06-6.13-6.65-11.82
Solvency
Equity ratio18.9 %6.9 %6.6 %7.8 %24.3 %
Gearing62.2 %53.5 %22.9 %
Relative net indebtedness %
Liquidity
Quick ratio31.06.31.00.40.3
Current ratio31.06.31.00.40.3
Cash and cash equivalents1 038.57181.90168.8996.1992.88
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingABBBAAA

Variable visualization

ROA:22.2%
Rating: 77/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:24.3%
Rating: 22/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

Companies in the same industry

Try the full version of our system for free
Bankruptcy risk visualization example

... and more!

No registration needed.