RASMUS FRIIS HOLDING ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About RASMUS FRIIS HOLDING ApS
RASMUS FRIIS HOLDING ApS (CVR number: 26161231) is a company from KØBENHAVN. The company recorded a gross profit of -621.6 kDKK in 2024. The operating profit was -1754.5 kDKK, while net earnings were 1178.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.3 %, which can be considered weak and Return on Equity (ROE) was 2.1 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 60.4 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. RASMUS FRIIS HOLDING ApS's liquidity measured by quick ratio was 2.6 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 274.23 | 77.90 | - 699.58 | -42.49 | - 621.58 |
EBIT | 1 229.19 | 3 495.66 | -1 115.15 | -2 333.11 | -1 754.54 |
Net earnings | 12 321.04 | 6 712.96 | -70.90 | -12 712.06 | 1 178.62 |
Shareholders equity total | 64 934.06 | 73 122.02 | 71 051.12 | 56 339.05 | 57 517.68 |
Balance sheet total (assets) | 77 580.03 | 86 320.00 | 83 722.70 | 84 492.50 | 95 332.90 |
Net debt | -16 487.57 | -12 747.64 | -6 543.78 | -6 584.63 | -11 616.51 |
Profitability | |||||
EBIT-% | |||||
ROA | 16.9 % | 10.1 % | 3.3 % | -14.1 % | 2.3 % |
ROE | 20.0 % | 9.7 % | -0.1 % | -20.0 % | 2.1 % |
ROI | 17.2 % | 10.2 % | 3.4 % | -15.1 % | 2.5 % |
Economic value added (EVA) | -2 589.89 | -1 121.62 | -5 196.49 | -6 042.45 | -5 368.56 |
Solvency | |||||
Equity ratio | 83.7 % | 84.8 % | 84.9 % | 66.7 % | 60.4 % |
Gearing | 17.2 % | 15.7 % | 16.2 % | 30.3 % | 58.1 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 22.0 | 24.6 | 13.7 | 2.0 | 2.6 |
Current ratio | 22.0 | 23.7 | 13.3 | 2.0 | 2.6 |
Cash and cash equivalents | 27 682.52 | 24 259.40 | 18 046.08 | 23 653.11 | 45 031.93 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | A | A | BBB | A |
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