RASMUS FRIIS HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 26161231
Rentemestervej 14, 2400 København NV
tel: 35558099

Credit rating

Company information

Official name
RASMUS FRIIS HOLDING ApS
Established
2001
Company form
Private limited company
Industry

About RASMUS FRIIS HOLDING ApS

RASMUS FRIIS HOLDING ApS (CVR number: 26161231K) is a company from KØBENHAVN. The company recorded a gross profit of 23.9 mDKK in 2015. The operating profit was 968.9 kDKK, while net earnings were 6378.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7.6 %, which can be considered decent but Return on Equity (ROE) was 62.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 18.6 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. RASMUS FRIIS HOLDING ApS's liquidity measured by quick ratio was 0.9 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2013
2014
2015
Volume
Net sales
Gross profit18 560.3723 841.2323 938.84
EBIT2 115.903 650.06968.90
Net earnings2 123.205 336.436 378.40
Shareholders equity total9 907.8113 417.0631 064.25
Balance sheet total (assets)45 652.4854 256.48167 316.96
Net debt40 029.35
Profitability
EBIT-%
ROA7.6 %
ROE62.3 %
ROI14.8 %
Economic value added (EVA)1 671.831 678.74- 438.14
Solvency
Equity ratio18.6 %
Gearing147.7 %
Relative net indebtedness %
Liquidity
Quick ratio0.9
Current ratio0.9
Cash and cash equivalents4 767.4411 878.875 839.04
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBB

Variable visualization

ROA:7.58%
Rating: 50/100
-20%
0%
4%
11%
24%
60%
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Equity ratio:18.6%
Rating: 18/100
-1%
21%
50%
81%
99%
100%
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