Friis Family ApS — Credit Rating and Financial Key Figures

Friis Family ApS (CVR number: 10144957K) is a company from AARHUS. The company recorded a gross profit of 21.3 mDKK in 2017. The operating profit was 10.7 mDKK, while net earnings were 5853.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 8 %, which can be considered decent and Return on Equity (ROE) was 7.6 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 50.4 %, 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. Friis Family ApS's liquidity measured by quick ratio was 5.3 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.