FRIIS RASMUSSEN A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About FRIIS RASMUSSEN A/S
FRIIS RASMUSSEN A/S (CVR number: 12971680) is a company from HOLSTEBRO. The company recorded a gross profit of -206.4 kDKK in 2024. The operating profit was -441.1 kDKK, while net earnings were 106.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.9 %, which can be considered weak and Return on Equity (ROE) was 1.4 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 96.5 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. FRIIS RASMUSSEN A/S's liquidity measured by quick ratio was 27.3 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -19.53 | - 236.39 | - 135.67 | - 191.63 | - 206.42 |
EBIT | - 476.79 | - 598.85 | - 347.62 | - 481.27 | - 441.15 |
Net earnings | 569.08 | 851.90 | -1 512.50 | 523.24 | 106.22 |
Shareholders equity total | 10 216.25 | 10 955.15 | 9 328.25 | 7 733.80 | 7 718.02 |
Balance sheet total (assets) | 11 507.51 | 12 627.24 | 10 708.52 | 8 031.51 | 7 997.90 |
Net debt | -9 003.16 | -9 803.87 | -8 149.98 | -7 128.30 | -7 072.24 |
Profitability | |||||
EBIT-% | |||||
ROA | 6.0 % | 9.5 % | 0.3 % | 7.4 % | 1.9 % |
ROE | 5.7 % | 8.0 % | -14.9 % | 6.1 % | 1.4 % |
ROI | 6.1 % | 9.7 % | 0.3 % | 7.5 % | 1.9 % |
Economic value added (EVA) | - 570.24 | - 480.82 | - 253.34 | - 403.54 | - 460.15 |
Solvency | |||||
Equity ratio | 88.8 % | 86.8 % | 87.1 % | 96.3 % | 96.5 % |
Gearing | 9.1 % | 12.2 % | 13.4 % | 1.7 % | 1.8 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 8.8 | 7.4 | 7.1 | 25.3 | 27.3 |
Current ratio | 8.8 | 7.4 | 7.1 | 25.3 | 27.3 |
Cash and cash equivalents | 9 928.46 | 11 139.81 | 9 401.24 | 7 257.27 | 7 210.68 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | A | BBB | BBB | BBB |
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