FRIIS MANAGEMENT ApS — Credit Rating and Financial Key Figures

CVR number: 26780489
Ørestads Boulevard 55 A, 2300 København S
ctf@friismanagement.com
tel: 70225252
www.friismanagement.com
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Company information

Official name
FRIIS MANAGEMENT ApS
Personnel
1 person
Established
2002
Company form
Private limited company
Industry

About FRIIS MANAGEMENT ApS

FRIIS MANAGEMENT ApS (CVR number: 26780489) is a company from KØBENHAVN. The company recorded a gross profit of 480 kDKK in 2019. The operating profit was -113.4 kDKK, while net earnings were -113.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -42.9 %, which can be considered poor and Return on Equity (ROE) was -78.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 42.6 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. FRIIS MANAGEMENT ApS's liquidity measured by quick ratio was 1.6 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2016
2017
2018
2019
Volume
Net sales
Gross profit1 554.231 407.63845.65480.02
EBIT124.09135.70-3.54- 113.42
Net earnings94.02102.88-4.21- 113.80
Shareholders equity total299.79308.67202.4788.66
Balance sheet total (assets)733.30543.09321.09207.90
Net debt- 242.26- 296.28- 151.33- 181.42
Profitability
EBIT-%
ROA16.9 %21.3 %-0.8 %-42.9 %
ROE31.4 %33.8 %-1.6 %-78.2 %
ROI38.6 %41.9 %-1.3 %-74.6 %
Economic value added (EVA)95.57102.36-3.30- 115.42
Solvency
Equity ratio40.9 %56.8 %63.1 %42.6 %
Gearing7.2 %5.5 %5.7 %1.6 %
Relative net indebtedness %
Liquidity
Quick ratio1.62.22.51.6
Current ratio1.62.22.51.6
Cash and cash equivalents263.91313.37162.84182.85
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBB

Variable visualization

ROA:-42.9%
Rating: 0/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:42.6%
Rating: 35/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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