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Friis Design ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Friis Design ApS
Friis Design ApS (CVR number: 41693126) is a company from SYDDJURS. The company recorded a gross profit of 331.1 kDKK in 2025. The operating profit was -86 kDKK, while net earnings were -85.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was -29.1 %, which can be considered poor and Return on Equity (ROE) was -38.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -32.8 %. 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 1.1 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | 397.21 | 387.01 | 305.53 | 357.99 | 331.13 |
| EBIT | 81.69 | -19.37 | -99.79 | -8.40 | -85.99 |
| Net earnings | 62.98 | -21.13 | - 100.60 | -8.77 | -85.70 |
| Shareholders equity total | 102.98 | 81.85 | -18.75 | -27.52 | - 113.23 |
| Balance sheet total (assets) | 323.94 | 282.99 | 196.47 | 214.39 | 231.80 |
| Net debt | - 274.97 | - 226.55 | - 123.51 | -1.68 | 30.09 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 25.2 % | -6.4 % | -40.1 % | -3.7 % | -29.1 % |
| ROE | 61.2 % | -22.9 % | -72.3 % | -4.3 % | -38.4 % |
| ROI | 79.3 % | -21.0 % | -243.8 % | -11.9 % | -50.8 % |
| Economic value added (EVA) | 63.72 | -24.54 | - 103.90 | -7.46 | -91.69 |
| Solvency | |||||
| Equity ratio | 31.8 % | 28.9 % | -8.7 % | -11.4 % | -32.8 % |
| Gearing | -511.7 % | -173.0 % | |||
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 1.4 | 1.1 | 0.6 | 1.5 | 1.1 |
| Current ratio | 1.5 | 1.3 | 0.8 | 1.9 | 1.4 |
| Cash and cash equivalents | 274.97 | 226.55 | 123.51 | 142.51 | 165.73 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BB | BB | B | B | B |
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