RASMUS FRIIS A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About RASMUS FRIIS A/S
RASMUS FRIIS A/S (CVR number: 21518689) is a company from KØBENHAVN. The company recorded a gross profit of 33.4 mDKK in 2024. The operating profit was -7202.5 kDKK, while net earnings were -6756.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -4.8 %, which can be considered poor and Return on Equity (ROE) was -10.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 41.4 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. RASMUS FRIIS A/S's liquidity measured by quick ratio was 1.8 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 35 507.00 | 46 228.00 | 40 148.31 | 41 268.16 | 33 433.76 |
EBIT | 14 385.00 | 18 941.00 | 9 934.03 | 3 374.60 | -7 202.55 |
Net earnings | 13 936.00 | 18 001.00 | 13 182.79 | 6 992.90 | -6 756.90 |
Shareholders equity total | 48 228.00 | 51 229.00 | 52 843.08 | 59 835.98 | 65 329.38 |
Balance sheet total (assets) | 127 119.00 | 111 502.00 | 152 338.57 | 127 418.63 | 157 946.69 |
Net debt | -7 382.66 | -8 030.96 | -2 158.30 | ||
Profitability | |||||
EBIT-% | |||||
ROA | 12.7 % | 15.9 % | 12.4 % | 6.9 % | -4.8 % |
ROE | 33.8 % | 36.2 % | 25.3 % | 12.4 % | -10.8 % |
ROI | 12.7 % | 15.9 % | 18.1 % | 13.9 % | -9.2 % |
Economic value added (EVA) | 12 661.83 | 16 517.54 | 5 356.11 | - 960.33 | -9 679.00 |
Solvency | |||||
Equity ratio | 100.0 % | 100.0 % | 34.7 % | 47.0 % | 41.4 % |
Gearing | 2.5 % | 1.5 % | 3.0 % | ||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.8 | 2.2 | 1.8 | ||
Current ratio | 1.8 | 2.2 | 1.8 | ||
Cash and cash equivalents | 8 728.78 | 8 940.09 | 4 097.42 | ||
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | A | A | BBB |
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