Friberg & Sand ApS — Credit Rating and Financial Key Figures

Friberg & Sand ApS (CVR number: 36924020) is a company from KØBENHAVN. The company recorded a gross profit of -49.2 kDKK in 2023. The operating profit was -1115.8 kDKK, while net earnings were 1694.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 9.6 %, which can be considered good but Return on Equity (ROE) was 26.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 32.8 %, 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. Friberg & Sand ApS's liquidity measured by quick ratio was 13 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.