M FRIIS HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 36412887
Lindevej 6 B, 3060 Espergærde

Credit rating

Company information

Official name
M FRIIS HOLDING ApS
Established
2014
Company form
Private limited company
Industry
  • Expand more icon642120

About M FRIIS HOLDING ApS

M FRIIS HOLDING ApS (CVR number: 36412887) is a company from HELSINGØR. The company recorded a gross profit of -23.9 kDKK in 2023. The operating profit was -23.9 kDKK, while net earnings were 582.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 10.9 %, which can be considered good but Return on Equity (ROE) was 21.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 98 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. M FRIIS HOLDING ApS's liquidity measured by quick ratio was 28.9 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
2019
2020
2021
2022
2023
Volume
Net sales206.82
Gross profit196.30-11.00-14.06-19.20-23.85
EBIT196.30-11.00-14.06-19.20-23.85
Net earnings196.30551.421 480.36723.61582.22
Shareholders equity total644.251 085.672 206.032 509.652 974.07
Balance sheet total (assets)652.251 093.672 214.032 517.653 033.57
Net debt- 140.00- 581.42-1 137.05-1 400.71-1 720.25
Profitability
EBIT-%94.9 %
ROA33.4 %63.2 %88.7 %58.1 %10.9 %
ROE35.9 %63.8 %89.9 %30.7 %21.2 %
ROI33.8 %63.8 %89.1 %37.9 %28.6 %
Economic value added (EVA)200.11-10.60-9.58-18.10-22.19
Solvency
Equity ratio98.8 %99.3 %99.6 %99.7 %98.0 %
Gearing0.0 %
Relative net indebtedness %-63.8 %
Liquidity
Quick ratio17.572.7144.0180.728.9
Current ratio17.572.7144.0180.728.9
Cash and cash equivalents140.00581.421 137.051 400.711 721.31
Capital use efficiency
Trade debtors turnover (days)
Net working capital %63.8 %
Credit risk
Credit ratingBBBBBBBBBABBB

Variable visualization

ROA:10.9%
Rating: 60/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:98.0%
Rating: 79/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Companies in the same industry

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