LarsFriis ApS — Credit Rating and Financial Key Figures

LarsFriis ApS (CVR number: 44882353) is a company from HERNING. The company recorded a gross profit of 680.4 kDKK in 2024. The operating profit was 27 kDKK, while net earnings were 21.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 9.7 %, which can be considered good but Return on Equity (ROE) was 34.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 21.7 %, 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. LarsFriis ApS's liquidity measured by quick ratio was 1.3 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.