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

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

Try the full version of our system for free
Bankruptcy risk visualization example

... and more!

No registration needed.