Friis Ventures ApS — Credit Rating and Financial Key Figures

Friis Ventures ApS (CVR number: 37947466) is a company from KØBENHAVN. The company recorded a gross profit of 299.3 kDKK in 2023. The operating profit was -59.4 kDKK, while net earnings were -47.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -35.4 %, which can be considered poor and Return on Equity (ROE) was -76.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 38.8 %, 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 Ventures ApS's liquidity measured by quick ratio was 1.5 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.