Friis Boliger ApS — Credit Rating and Financial Key Figures

CVR number: 18453401
Ørstedsvej 29, 6760 Ribe

Company information

Official name
Friis Boliger ApS
Personnel
4 persons
Established
1995
Company form
Private limited company
Industry

About Friis Boliger ApS

Friis Boliger ApS (CVR number: 18453401) is a company from ESBJERG. The company recorded a gross profit of 8620.2 kDKK in 2024. The operating profit was 6727.5 kDKK, while net earnings were 6090.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 28.8 %, which can be considered excellent and Return on Equity (ROE) was 27.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 81.6 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Friis Boliger ApS's liquidity measured by quick ratio was 0.3 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit4 659.314 633.385 061.857 340.988 620.17
EBIT3 655.103 539.743 618.725 724.436 727.52
Net earnings2 805.853 510.074 047.355 048.096 090.61
Shareholders equity total6 836.8410 233.9114 166.8619 097.1524 887.76
Balance sheet total (assets)10 136.8415 781.4719 626.7124 609.1930 492.08
Net debt-2 148.031 807.73- 319.46- 590.50672.80
Profitability
EBIT-%
ROA43.6 %35.5 %30.2 %29.8 %28.8 %
ROE51.6 %41.1 %33.2 %30.4 %27.7 %
ROI54.9 %45.8 %37.5 %36.9 %34.3 %
Economic value added (EVA)2 725.252 517.662 295.083 826.674 336.48
Solvency
Equity ratio67.4 %64.8 %72.2 %77.6 %81.6 %
Gearing7.3 %22.8 %11.3 %3.1 %5.8 %
Relative net indebtedness %
Liquidity
Quick ratio1.70.40.60.40.3
Current ratio2.10.61.11.00.7
Cash and cash equivalents2 646.58525.971 921.331 190.50774.20
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:28.8%
Rating: 83/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:81.6%
Rating: 61/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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