FriiBo IVS

FriiBo IVS (CVR number: 37518530) is a company from SKIVE. The company recorded a gross profit of 30.2 kDKK in 2018. The operating profit was 30.2 kDKK, while net earnings were 19.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 101.7 %, which can be considered excellent and Return on Equity (ROE) was 122.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 34.8 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. FriiBo IVS's liquidity measured by quick ratio was 1.5 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.