M FRIIS HOLDING ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 206.82 | ||||
Gross profit | 196.30 | -11.00 | -14.06 | -19.20 | -23.85 |
EBIT | 196.30 | -11.00 | -14.06 | -19.20 | -23.85 |
Net earnings | 196.30 | 551.42 | 1 480.36 | 723.61 | 582.22 |
Shareholders equity total | 644.25 | 1 085.67 | 2 206.03 | 2 509.65 | 2 974.07 |
Balance sheet total (assets) | 652.25 | 1 093.67 | 2 214.03 | 2 517.65 | 3 033.57 |
Net debt | - 140.00 | - 581.42 | -1 137.05 | -1 400.71 | -1 720.25 |
Profitability | |||||
EBIT-% | 94.9 % | ||||
ROA | 33.4 % | 63.2 % | 88.7 % | 58.1 % | 10.9 % |
ROE | 35.9 % | 63.8 % | 89.9 % | 30.7 % | 21.2 % |
ROI | 33.8 % | 63.8 % | 89.1 % | 37.9 % | 28.6 % |
Economic value added (EVA) | 200.11 | -10.60 | -9.58 | -18.10 | -22.19 |
Solvency | |||||
Equity ratio | 98.8 % | 99.3 % | 99.6 % | 99.7 % | 98.0 % |
Gearing | 0.0 % | ||||
Relative net indebtedness % | -63.8 % | ||||
Liquidity | |||||
Quick ratio | 17.5 | 72.7 | 144.0 | 180.7 | 28.9 |
Current ratio | 17.5 | 72.7 | 144.0 | 180.7 | 28.9 |
Cash and cash equivalents | 140.00 | 581.42 | 1 137.05 | 1 400.71 | 1 721.31 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | 63.8 % | ||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | A | BBB |
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