C. FRIIS HOLDING ApS — Credit Rating and Financial Key Figures

C. FRIIS HOLDING ApS (CVR number: 34726833) is a company from NORDDJURS. The company recorded a gross profit of 0 kDKK in 2023. The operating profit was -3.9 kDKK, while net earnings were 94.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 38.2 %, which can be considered excellent and Return on Equity (ROE) was 47.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 76.4 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. C. FRIIS HOLDING ApS's liquidity measured by quick ratio was 3.4 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.