FERM LIVING ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About FERM LIVING ApS
FERM LIVING ApS (CVR number: 30070186) is a company from KØBENHAVN. The company reported a net sales of 335.5 mDKK in 2023, demonstrating a decline of -13.3 % compared to the previous year. The operating profit percentage was at 12.3 % (EBIT: 41.1 mDKK), while net earnings were 27.5 mDKK. The profitability of the company measured by Return on Assets (ROA) was 17.4 %, which can be considered excellent but Return on Equity (ROE) was 14.1 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 73.9 %, 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. FERM LIVING 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.
Financial information
See financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 403.93 | 387.19 | 335.51 | ||
Gross profit | 47.97 | 75.74 | 119.79 | 123.81 | 105.54 |
EBIT | 21.75 | 43.36 | 74.71 | 66.02 | 41.12 |
Net earnings | 16.39 | 39.90 | 55.05 | 50.31 | 27.47 |
Shareholders equity total | 39.51 | 35.86 | 161.31 | 212.00 | 177.20 |
Balance sheet total (assets) | 65.81 | 87.14 | 270.98 | 260.19 | 242.16 |
Net debt | -12.47 | 0.75 | 30.48 | -4.28 | -7.03 |
Profitability | |||||
EBIT-% | 18.5 % | 17.1 % | 12.3 % | ||
ROA | 35.8 % | 66.0 % | 40.9 % | 25.2 % | 17.4 % |
ROE | 52.3 % | 105.9 % | 55.8 % | 27.0 % | 14.1 % |
ROI | 52.5 % | 122.4 % | 60.1 % | 31.4 % | 20.6 % |
Economic value added (EVA) | 16.08 | 32.66 | 56.72 | 44.86 | 17.47 |
Solvency | |||||
Equity ratio | 61.2 % | 42.4 % | 60.2 % | 82.2 % | 73.9 % |
Gearing | 8.2 % | 8.2 % | 24.2 % | 3.7 % | 13.6 % |
Relative net indebtedness % | 24.0 % | 8.9 % | 9.8 % | ||
Liquidity | |||||
Quick ratio | 1.3 | 0.5 | 0.4 | 1.6 | 1.3 |
Current ratio | 2.5 | 1.5 | 1.5 | 3.2 | 2.2 |
Cash and cash equivalents | 15.71 | 2.20 | 8.57 | 12.10 | 31.20 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 23.0 | 29.8 | 27.5 | ||
Net working capital % | 12.1 % | 26.7 % | 22.2 % | ||
Credit risk | |||||
Credit rating | AA | A | AAA | AA | AAA |
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