Friis Family ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Friis Family ApS
Friis Family ApS (CVR number: 10144957) is a company from AARHUS. The company recorded a gross profit of -14.4 kDKK in 2024. The operating profit was -14.4 kDKK, while net earnings were 7251.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 11 %, which can be considered good but Return on Equity (ROE) was 31 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 30.5 %, 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 Family ApS's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 23.92 | -13.30 | -13.93 | -13.75 | -14.38 |
EBIT | 23.92 | -13.30 | -13.93 | -13.75 | -14.38 |
Net earnings | 21 010.84 | 11 083.12 | -2 276.36 | -2 689.41 | 7 251.16 |
Shareholders equity total | 34 271.88 | 40 126.91 | 29 326.84 | 21 793.84 | 25 011.15 |
Balance sheet total (assets) | 73 494.78 | 80 039.69 | 78 462.18 | 77 317.63 | 82 101.02 |
Net debt | 39 208.67 | 39 899.40 | 49 122.76 | 55 512.36 | 57 079.75 |
Profitability | |||||
EBIT-% | |||||
ROA | 26.4 % | 15.3 % | -1.8 % | -1.6 % | 11.0 % |
ROE | 73.1 % | 29.8 % | -6.6 % | -10.5 % | 31.0 % |
ROI | 26.5 % | 15.3 % | -1.8 % | -1.6 % | 11.0 % |
Economic value added (EVA) | -4 465.79 | -3 702.98 | -4 032.35 | -3 952.95 | -3 895.92 |
Solvency | |||||
Equity ratio | 46.6 % | 50.1 % | 37.4 % | 28.2 % | 30.5 % |
Gearing | 114.4 % | 99.4 % | 167.5 % | 254.7 % | 228.2 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.5 | 0.5 | 0.6 | 0.6 | 0.6 |
Current ratio | 0.5 | 0.5 | 0.6 | 0.6 | 0.6 |
Cash and cash equivalents | 4.23 | 3.37 | 2.57 | 1.42 | 0.13 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | A | BBB | BBB | A |
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