Finnemann ApS

CVR number: 37610259
Vestergårdsvej 51, Tyrsted 8700 Horsens

Credit rating

Company information

Official name
Finnemann ApS
Established
2016
Domicile
Tyrsted
Company form
Private limited company
Industry
  • Expand more icon71Architectural and engineering activities; technical testing and analysis

About the company

Finnemann ApS (CVR number: 37610259) is a company from HORSENS. The company recorded a gross profit of 786.4 kDKK in 2023. The operating profit was 117.4 kDKK, while net earnings were 90 kDKK. The profitability of the company measured by Return on Assets (ROA) was 27.4 %, which can be considered excellent and Return on Equity (ROE) was 28.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 76.8 %, 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. Finnemann ApS's liquidity measured by quick ratio was 4.3 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20192020202120222023
Volume
Net sales
Gross profit811.621 051.87644.45786.40786.45
EBIT213.67322.5811.17137.86117.37
Net earnings165.55250.044.55105.7890.01
Shareholders equity total262.54362.58217.13297.91337.92
Balance sheet total (assets)396.52818.92304.29415.72440.06
Net debt- 284.83- 637.24- 158.43- 174.81- 356.41
Profitability
EBIT-%
ROA52.1 %53.1 %2.0 %38.3 %27.4 %
ROE59.2 %80.0 %1.6 %41.1 %28.3 %
ROI76.3 %103.1 %3.9 %53.5 %36.9 %
Economic value added (EVA)167.99251.2721.73103.7583.89
Solvency
Equity ratio66.2 %44.3 %71.4 %71.7 %76.8 %
Gearing0.3 %0.1 %0.2 %
Relative net indebtedness %
Liquidity
Quick ratio3.01.83.53.54.3
Current ratio3.01.83.53.54.3
Cash and cash equivalents285.56637.24158.56175.26356.41
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBB

Variable visualization

ROA:27.4%
Rating: 82/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:76.8%
Rating: 57/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

Companies in the same industry

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