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

CVR number: 21518689
Rentemestervej 14, 2400 København NV

Credit rating

Company information

Official name
RASMUS FRIIS A/S
Personnel
48 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 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit35 507.0046 228.0040 148.3141 268.1633 433.76
EBIT14 385.0018 941.009 934.033 374.60-7 202.55
Net earnings13 936.0018 001.0013 182.796 992.90-6 756.90
Shareholders equity total48 228.0051 229.0052 843.0859 835.9865 329.38
Balance sheet total (assets)127 119.00111 502.00152 338.57127 418.63157 946.69
Net debt-7 382.66-8 030.96-2 158.30
Profitability
EBIT-%
ROA12.7 %15.9 %12.4 %6.9 %-4.8 %
ROE33.8 %36.2 %25.3 %12.4 %-10.8 %
ROI12.7 %15.9 %18.1 %13.9 %-9.2 %
Economic value added (EVA)12 661.8316 517.545 356.11- 960.33-9 679.00
Solvency
Equity ratio100.0 %100.0 %34.7 %47.0 %41.4 %
Gearing2.5 %1.5 %3.0 %
Relative net indebtedness %
Liquidity
Quick ratio1.82.21.8
Current ratio1.82.21.8
Cash and cash equivalents8 728.788 940.094 097.42
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBAABBB

Variable visualization

ROA:-4.75%
Rating: 15/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:41.4%
Rating: 34/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member

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