FANØ TRÆ A/S
Credit rating
Company information
About FANØ TRÆ A/S
FANØ TRÆ A/S (CVR number: 35642323) is a company from FANØ. The company recorded a gross profit of 2396.5 kDKK in 2023. The operating profit was 0.9 kDKK, while net earnings were -185.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was -0.1 %, which can be considered poor and Return on Equity (ROE) was -6.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 36.9 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. FANØ TRÆ A/S's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 1 941.44 | 1 829.37 | 2 310.57 | 2 634.58 | 2 396.47 |
EBIT | 347.77 | 479.74 | 739.19 | 350.41 | 0.85 |
Net earnings | 88.44 | 190.52 | 505.47 | 195.83 | - 185.68 |
Shareholders equity total | 2 061.83 | 2 252.35 | 2 757.82 | 2 953.65 | 2 767.96 |
Balance sheet total (assets) | 6 832.13 | 6 598.91 | 7 116.10 | 7 297.76 | 7 494.44 |
Net debt | 4 009.78 | 3 723.41 | 3 573.69 | 3 501.51 | 3 698.95 |
Profitability | |||||
EBIT-% | |||||
ROA | 5.4 % | 8.4 % | 11.4 % | 5.3 % | -0.1 % |
ROE | 4.4 % | 8.8 % | 20.2 % | 6.9 % | -6.5 % |
ROI | 6.0 % | 9.2 % | 12.4 % | 5.8 % | -0.1 % |
Economic value added (EVA) | 42.31 | 133.04 | 381.62 | 56.94 | - 218.69 |
Solvency | |||||
Equity ratio | 30.2 % | 34.1 % | 38.8 % | 40.5 % | 36.9 % |
Gearing | 194.6 % | 167.0 % | 129.6 % | 118.6 % | 133.7 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.4 | 0.6 | 0.8 | 0.7 | 0.6 |
Current ratio | 1.1 | 1.4 | 1.6 | 1.6 | 1.4 |
Cash and cash equivalents | 2.46 | 38.55 | 1.40 | 2.10 | 0.79 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BBB |
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