RASMUS FRIIS A/S — Credit Rating and Financial Key Figures

CVR number: 21518689
Rentemestervej 14, 2400 København NV

Credit rating

Company information

Official name
RASMUS FRIIS A/S
Personnel
48 persons
Established
1999
Company form
Limited company
Industry

About RASMUS FRIIS A/S

RASMUS FRIIS A/S (CVR number: 21518689K) is a company from KØBENHAVN. The company recorded a gross profit of 35.8 mDKK in 2024. The operating profit was -7278.2 kDKK, while net earnings were -6782.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -4.7 %, which can be considered poor and Return on Equity (ROE) was -10.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 41.5 %, 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. RASMUS FRIIS A/S's liquidity measured by quick ratio was 1.9 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
2023
2024
Volume
Net sales
Gross profit45 250.5135 750.40
EBIT4 650.34-7 278.23
Net earnings7 166.74-6 782.84
Shareholders equity total60 483.7565 891.21
Balance sheet total (assets)128 557.11158 655.31
Net debt-10 249.21-5 437.82
Profitability
EBIT-%
ROA7.9 %-4.7 %
ROE12.0 %-10.8 %
ROI14.2 %-9.2 %
Economic value added (EVA)3 434.50-9 770.61
Solvency
Equity ratio47.0 %41.5 %
Gearing0.5 %1.1 %
Relative net indebtedness %
Liquidity
Quick ratio2.21.9
Current ratio2.21.9
Cash and cash equivalents10 555.616 184.54
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBB

Variable visualization

ROA:-4.74%
Rating: 15/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:41.5%
Rating: 34/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member

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