Finnemann ApS — Credit Rating and Financial Key Figures

CVR number: 37610259
Vestergårdsvej 51, Tyrsted 8700 Horsens

Company information

Official name
Finnemann ApS
Personnel
1 person
Established
2016
Domicile
Tyrsted
Company form
Private limited company
Industry

About Finnemann ApS

Finnemann ApS (CVR number: 37610259) is a company from HORSENS. The company recorded a gross profit of 828.8 kDKK in 2024. The operating profit was 215.5 kDKK, while net earnings were 150.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 28.7 %, which can be considered excellent and Return on Equity (ROE) was 24.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 84.8 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Finnemann ApS's liquidity measured by quick ratio was 6.6 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit1 051.87644.45786.40786.45828.85
EBIT322.5811.17137.86117.37215.50
Net earnings250.044.55105.7890.01150.62
Shareholders equity total362.58217.13297.91337.92906.52
Balance sheet total (assets)818.92304.29415.72440.061 068.74
Net debt- 637.24- 158.43- 174.81- 356.41- 856.47
Profitability
EBIT-%
ROA53.1 %2.0 %38.3 %27.4 %28.7 %
ROE80.0 %1.6 %41.1 %28.3 %24.2 %
ROI103.1 %3.9 %53.5 %36.9 %34.8 %
Economic value added (EVA)251.2721.73103.7583.89161.99
Solvency
Equity ratio44.3 %71.4 %71.7 %76.8 %84.8 %
Gearing0.1 %0.2 %
Relative net indebtedness %
Liquidity
Quick ratio1.83.53.54.36.6
Current ratio1.83.53.54.36.6
Cash and cash equivalents637.24158.56175.26356.41856.47
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBA

Variable visualization

ROA:28.7%
Rating: 83/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:84.8%
Rating: 64/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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