FRIIS RASMUSSEN A/S — Credit Rating and Financial Key Figures

CVR number: 12971680
Vindelevgård 46, 7830 Vinderup
tel: 97441449

Credit rating

Company information

Official name
FRIIS RASMUSSEN A/S
Personnel
5 persons
Established
1989
Company form
Limited company
Industry
  • Expand more icon649910

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
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 earnings569.08851.90-1 512.50523.24106.22
Shareholders equity total10 216.2510 955.159 328.257 733.807 718.02
Balance sheet total (assets)11 507.5112 627.2410 708.528 031.517 997.90
Net debt-9 003.16-9 803.87-8 149.98-7 128.30-7 072.24
Profitability
EBIT-%
ROA6.0 %9.5 %0.3 %7.4 %1.9 %
ROE5.7 %8.0 %-14.9 %6.1 %1.4 %
ROI6.1 %9.7 %0.3 %7.5 %1.9 %
Economic value added (EVA)- 570.24- 480.82- 253.34- 403.54- 460.15
Solvency
Equity ratio88.8 %86.8 %87.1 %96.3 %96.5 %
Gearing9.1 %12.2 %13.4 %1.7 %1.8 %
Relative net indebtedness %
Liquidity
Quick ratio8.87.47.125.327.3
Current ratio8.87.47.125.327.3
Cash and cash equivalents9 928.4611 139.819 401.247 257.277 210.68
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAABBBBBBBBB

Variable visualization

ROA:1.86%
Rating: 29/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:96.5%
Rating: 78/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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