Friba IT ApS — Credit Rating and Financial Key Figures

Friba IT ApS (CVR number: 32363989) is a company from KØBENHAVN. The company recorded a gross profit of 320 kDKK in 2016. The operating profit was 230.6 kDKK, while net earnings were 179.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 66.8 %, which can be considered excellent and Return on Equity (ROE) was 67 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 77 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. Friba IT ApS's liquidity measured by quick ratio was 4.3 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.