FUNDER VÆRKTØJ OG MASKINFABRIK ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About FUNDER VÆRKTØJ OG MASKINFABRIK ApS
FUNDER VÆRKTØJ OG MASKINFABRIK ApS (CVR number: 13275289) is a company from GRIBSKOV. The company reported a net sales of 0.9 mDKK in 2023, demonstrating a growth of 19.2 % compared to the previous year. The operating profit percentage was at 1 % (EBIT: 0 mDKK), while net earnings were -9.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.9 %, which can be considered weak but Return on Equity (ROE) was -1.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 77.9 %, 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. FUNDER VÆRKTØJ OG MASKINFABRIK ApS's liquidity measured by quick ratio was 3.5 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 716.38 | 765.90 | 1 078.05 | 793.82 | 946.12 |
Gross profit | 249.74 | 482.16 | 652.01 | 346.72 | 377.03 |
EBIT | - 235.30 | 20.08 | 54.98 | -51.56 | 9.52 |
Net earnings | - 139.36 | 0.90 | 23.37 | -60.06 | -9.83 |
Shareholders equity total | - 333.27 | - 332.38 | - 309.01 | - 369.07 | - 378.90 |
Balance sheet total (assets) | 680.08 | 783.20 | 881.27 | 692.16 | 755.47 |
Net debt | 805.30 | 794.14 | 783.83 | 848.53 | 846.21 |
Profitability | |||||
EBIT-% | -32.8 % | 2.6 % | 5.1 % | -6.5 % | 1.0 % |
ROA | -22.7 % | 1.9 % | 4.8 % | -4.6 % | 0.9 % |
ROE | -18.1 % | 0.1 % | 2.8 % | -7.6 % | -1.4 % |
ROI | -25.7 % | 2.2 % | 5.9 % | -5.4 % | 1.0 % |
Economic value added (EVA) | - 154.03 | 42.62 | 61.45 | -17.56 | 32.82 |
Solvency | |||||
Equity ratio | 86.4 % | 76.6 % | 72.0 % | 84.7 % | 77.9 % |
Gearing | -276.2 % | -280.4 % | -305.4 % | -258.9 % | -255.3 % |
Relative net indebtedness % | 125.4 % | 127.7 % | 95.6 % | 120.2 % | 107.1 % |
Liquidity | |||||
Quick ratio | 5.4 | 3.2 | 2.8 | 4.9 | 3.5 |
Current ratio | 5.7 | 3.4 | 3.0 | 5.1 | 3.6 |
Cash and cash equivalents | 115.29 | 137.83 | 159.76 | 106.83 | 121.13 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 27.2 | 42.2 | 53.6 | 27.7 | 43.2 |
Net working capital % | 60.7 % | 58.4 % | 44.7 % | 54.7 % | 46.1 % |
Credit risk | |||||
Credit rating | BB | BBB | BBB | BB | BBB |
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