FRIIS ApS — Credit Rating and Financial Key Figures

FRIIS ApS (CVR number: 29614652) is a company from Høje-Taastrup. The company recorded a gross profit of 1189.3 kDKK in 2023. The operating profit was 89.6 kDKK, while net earnings were 67.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 20.6 %, which can be considered excellent and Return on Equity (ROE) was 27.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at -39.6 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. FRIIS ApS's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.