Friis Agency ApS — Credit Rating and Financial Key Figures

Friis Agency ApS (CVR number: 43632949) is a company from HVIDOVRE. The company recorded a gross profit of -86.1 kDKK in 2023. The operating profit was -491.6 kDKK, while net earnings were -492.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was -55.5 %, which can be considered poor and Return on Equity (ROE) was -106.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -47.9 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Friis Agency ApS's liquidity measured by quick ratio was 6.2 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.