FRIENDPAY ApS

CVR number: 34608695
Olgas Alle 4, 6000 Kolding
keld@kobborg.dk

Credit rating

Company information

Official name
FRIENDPAY ApS
Established
2012
Company form
Private limited company
Industry
  • Expand more icon61Telecommunications

About the company

FRIENDPAY ApS (CVR number: 34608695) is a company from KOLDING. The company recorded a gross profit of 4.2 kDKK in 2023. The operating profit was 4.2 kDKK, while net earnings were 3.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.1 %, which can be considered weak and Return on Equity (ROE) was 2.1 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 33.9 %, 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. FRIENDPAY ApS's liquidity measured by quick ratio was 1.5 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.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20192020202120222023
Volume
Net sales
Gross profit7.407.046.006.554.25
EBIT7.407.046.006.554.25
Net earnings5.945.224.603.923.18
Shareholders equity total136.31141.52146.12150.04153.23
Balance sheet total (assets)240.78268.76223.62315.02452.50
Net debt- 183.78- 192.59- 117.89-22.19-19.39
Profitability
EBIT-%
ROA2.9 %2.8 %2.4 %2.4 %1.1 %
ROE4.5 %3.8 %3.2 %2.6 %2.1 %
ROI5.0 %5.1 %4.2 %3.7 %1.8 %
Economic value added (EVA)12.347.897.273.700.95
Solvency
Equity ratio56.6 %52.7 %65.3 %47.6 %33.9 %
Gearing41.5 %61.5 %
Relative net indebtedness %
Liquidity
Quick ratio2.32.12.91.91.5
Current ratio2.32.12.91.91.5
Cash and cash equivalents183.78192.59117.8984.41113.68
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBB

Variable visualization

ROA:1.11%
Rating: 26/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:33.9%
Rating: 29/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Companies in the same industry

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