Friis Estate ApS — Credit Rating and Financial Key Figures

Friis Estate ApS (CVR number: 42803375) is a company from KOLDING. The company recorded a gross profit of 561.5 kDKK in 2023. The operating profit was 4688 kDKK, while net earnings were 3138.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 35 %, which can be considered excellent and Return on Equity (ROE) was 123.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 21.3 %, 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 Estate ApS's liquidity measured by quick ratio was 0 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.