Kristian Ferslev Friis ApS — Credit Rating and Financial Key Figures

Kristian Ferslev Friis ApS (CVR number: 38758624) is a company from SILKEBORG. The company reported a net sales of 0.5 mDKK in 2023, demonstrating a growth of 24.4 % compared to the previous year. The operating profit percentage was at 92.2 % (EBIT: 0.4 mDKK), while net earnings were 364.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 12.3 %, which can be considered good but Return on Equity (ROE) was 24.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 31.7 %, 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. Kristian Ferslev Friis ApS's liquidity measured by quick ratio was 0.1 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.