Friis Design ApS — Credit Rating and Financial Key Figures

Friis Design ApS (CVR number: 41693126) is a company from SYDDJURS. The company recorded a gross profit of 355.4 kDKK in 2024. The operating profit was -8.4 kDKK, while net earnings were -8.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -3.7 %, which can be considered poor and Return on Equity (ROE) was -4.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -11.4 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Friis Design ApS's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.