Friis & Skov Holding ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Friis & Skov Holding ApS
Friis & Skov Holding ApS (CVR number: 38657135) is a company from STRUER. The company reported a net sales of 0.3 mDKK in 2023, demonstrating a growth of 238.8 % compared to the previous year. The operating profit percentage was at 92.5 % (EBIT: 0.3 mDKK), while net earnings were 512.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 25.2 %, which can be considered excellent and Return on Equity (ROE) was 25.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 67 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. Friis & Skov Holding ApS's liquidity measured by quick ratio was 11.6 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.
Financial information
See financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 298.00 | 421.00 | 431.00 | 101.00 | 342.15 |
Gross profit | 291.00 | 412.00 | 423.00 | 86.00 | 316.55 |
EBIT | 291.00 | 412.00 | 423.00 | 86.00 | 316.55 |
Net earnings | 219.00 | 462.00 | 451.00 | -29.00 | 512.22 |
Shareholders equity total | 834.00 | 1 296.00 | 1 747.00 | 1 719.00 | 2 230.90 |
Balance sheet total (assets) | 1 284.00 | 1 975.00 | 2 461.00 | 2 117.00 | 3 330.99 |
Net debt | - 124.00 | - 535.00 | - 999.00 | -1 149.00 | 556.88 |
Profitability | |||||
EBIT-% | 97.7 % | 97.9 % | 98.1 % | 85.1 % | 92.5 % |
ROA | 27.0 % | 29.2 % | 21.4 % | 4.5 % | 25.2 % |
ROE | 30.2 % | 43.4 % | 29.6 % | -1.7 % | 25.9 % |
ROI | 28.8 % | 30.7 % | 22.5 % | 4.7 % | 25.8 % |
Economic value added (EVA) | 350.23 | 430.61 | 460.55 | 109.75 | 315.93 |
Solvency | |||||
Equity ratio | 65.0 % | 65.6 % | 71.0 % | 81.2 % | 67.0 % |
Gearing | 47.7 % | 44.1 % | 34.8 % | 22.9 % | 43.7 % |
Relative net indebtedness % | -24.2 % | -101.4 % | -207.2 % | -1132.7 % | 199.3 % |
Liquidity | |||||
Quick ratio | 1.6 | 1.9 | 2.5 | 4.1 | 11.6 |
Current ratio | 1.6 | 1.9 | 2.5 | 4.1 | 11.6 |
Cash and cash equivalents | 522.00 | 1 106.00 | 1 607.00 | 1 542.00 | 418.12 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | -19.8 % | -35.4 % | -101.4 % | -289.1 % | 623.3 % |
Credit risk | |||||
Credit rating | BBB | A | A | BBB | A |
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