FRIIS NIELSEN AUTOMOBILER ApS — Credit Rating and Financial Key Figures

FRIIS NIELSEN AUTOMOBILER ApS (CVR number: 30827953) is a company from GLADSAXE. The company recorded a gross profit of 3153.2 kDKK in 2023. The operating profit was 577.7 kDKK, while net earnings were 449.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 18.4 %, which can be considered excellent and Return on Equity (ROE) was 19.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 73.6 %, 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. FRIIS NIELSEN AUTOMOBILER ApS's liquidity measured by quick ratio was 3.2 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.