FRIENDS & FOUNDERS ApS — Credit Rating and Financial Key Figures

CVR number: 36067756
Københavnsvej 34 B, 3400 Hillerød

Credit rating

Company information

Official name
FRIENDS & FOUNDERS ApS
Personnel
3 persons
Established
2014
Company form
Private limited company
Industry

About FRIENDS & FOUNDERS ApS

FRIENDS & FOUNDERS ApS (CVR number: 36067756) is a company from HILLERØD. The company recorded a gross profit of 2789.4 kDKK in 2023. The operating profit was 579.6 kDKK, while net earnings were 241.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 16.2 %, which can be considered excellent and Return on Equity (ROE) was 83.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 31.1 %, 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. FRIENDS & FOUNDERS ApS's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.

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 profit3 355.662 093.543 205.782 787.102 789.38
EBIT730.04383.041 127.75215.22579.62
Net earnings298.6234.82645.5034.11241.73
Shareholders equity total- 544.40- 509.58135.92170.02411.75
Balance sheet total (assets)3 822.373 751.054 153.613 795.964 983.89
Net debt3 000.102 516.083 110.912 710.613 380.61
Profitability
EBIT-%
ROA19.1 %9.4 %27.0 %13.6 %16.2 %
ROE8.6 %0.9 %33.2 %22.3 %83.1 %
ROI28.3 %14.3 %38.1 %17.3 %20.9 %
Economic value added (EVA)454.94211.39779.44113.72567.62
Solvency
Equity ratio-12.5 %-12.0 %27.7 %32.8 %31.1 %
Gearing-554.3 %-525.6 %2293.4 %1621.7 %823.0 %
Relative net indebtedness %
Liquidity
Quick ratio0.70.70.80.60.7
Current ratio1.31.41.61.41.5
Cash and cash equivalents17.30162.396.1546.647.93
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBB

Variable visualization

ROA:16.2%
Rating: 68/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:31.1%
Rating: 27/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chief executive officer

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