RASMUS FRIIS A/S — Credit Rating and Financial Key Figures

CVR number: 21518689
Rentemestervej 14, 2400 København NV

Company information

Official name
RASMUS FRIIS A/S
Personnel
62 persons
Established
1999
Company form
Limited company
Industry

About RASMUS FRIIS A/S

RASMUS FRIIS A/S (CVR number: 21518689) is a company from KØBENHAVN. The company recorded a gross profit of 40.7 mDKK in 2023. The operating profit was 3374.6 kDKK, while net earnings were 6992.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6.9 %, which can be considered decent but Return on Equity (ROE) was 12.4 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 47 %, 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 2.2 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit28 205.0035 507.0046 228.0040 148.3140 686.07
EBIT5 591.0014 385.0018 941.009 934.033 374.60
Net earnings10 558.0013 936.0018 001.0013 182.796 992.90
Shareholders equity total34 292.0048 228.0051 229.0052 843.0859 835.98
Balance sheet total (assets)99 464.00127 119.00111 502.00152 338.57127 418.63
Net debt-7 382.66-8 030.96
Profitability
EBIT-%
ROA5.6 %12.7 %15.9 %12.4 %6.9 %
ROE31.0 %33.8 %36.2 %25.3 %12.4 %
ROI7.7 %12.7 %15.9 %18.1 %13.9 %
Economic value added (EVA)4 040.7112 661.8316 517.545 356.11- 142.24
Solvency
Equity ratio100.0 %100.0 %100.0 %34.7 %47.0 %
Gearing2.5 %1.5 %
Relative net indebtedness %
Liquidity
Quick ratio1.82.2
Current ratio1.82.2
Cash and cash equivalents8 728.788 940.09
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAA

Variable visualization

ROA:6.93%
Rating: 48/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:47.0%
Rating: 38/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member

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