Morten Friis Holding I ApS — Credit Rating and Financial Key Figures

Morten Friis Holding I ApS (CVR number: 40345825) is a company from HEDENSTED. The company recorded a gross profit of -38.8 kDKK in 2023. The operating profit was -38.8 kDKK, while net earnings were -705.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was -1.1 %, which can be considered poor and Return on Equity (ROE) was -2.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 94.8 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Morten Friis Holding I ApS's liquidity measured by quick ratio was 7.5 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.