FRIENDSHIP ApS — Credit Rating and Financial Key Figures

FRIENDSHIP ApS (CVR number: 17778897) is a company from AABENRAA. The company recorded a gross profit of -7.2 kDKK in 2019. The operating profit was -7.2 kDKK, while net earnings were 65.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 15.4 %, which can be considered excellent and Return on Equity (ROE) was 15.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 98.3 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. FRIENDSHIP ApS's liquidity measured by quick ratio was 57.8 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.