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

FRIIS GROUP A/S (CVR number: 26491320K) is a company from HADERSLEV. The company reported a net sales of 809.4 mDKK in 2023, demonstrating a growth of 15.6 % compared to the previous year. The operating profit percentage was at 0.1 % (EBIT: 0.6 mDKK), while net earnings were -16.9 mDKK. The profitability of the company measured by Return on Assets (ROA) was 1.4 %, which can be considered weak but Return on Equity (ROE) was -11.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 26.1 %, 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. FRIIS GROUP A/S's liquidity measured by quick ratio was 0.5 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.