FGM A/S — Credit Rating and Financial Key Figures

CVR number: 17441205
Smedemestervej 1, 5600 Faaborg
fgm@fgm.dk
tel: 62616030

Credit rating

Company information

Official name
FGM A/S
Personnel
14 persons
Established
1993
Company form
Limited company
Industry

About FGM A/S

FGM A/S (CVR number: 17441205) is a company from FAABORG-MIDTFYN. The company recorded a gross profit of 13.3 mDKK in 2024. The operating profit was 3929.6 kDKK, while net earnings were 3434 kDKK. The profitability of the company measured by Return on Assets (ROA) was 14.5 %, which can be considered good but Return on Equity (ROE) was 46.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 51.4 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. FGM A/S's liquidity measured by quick ratio was 3.1 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 profit6 030.707 485.078 545.7211 212.1813 266.73
EBIT885.81908.53657.854 164.033 929.59
Net earnings574.92654.49318.383 378.403 434.01
Shareholders equity total3 473.153 797.633 775.217 153.617 587.62
Balance sheet total (assets)12 272.7516 006.4521 949.5542 063.6819 241.73
Net debt131.39-2 683.90-3 073.52-17 825.18-4 822.33
Profitability
EBIT-%
ROA7.9 %6.5 %3.5 %13.7 %14.5 %
ROE17.3 %18.0 %8.4 %61.8 %46.6 %
ROI18.0 %17.7 %12.3 %59.9 %44.5 %
Economic value added (EVA)472.47529.36439.653 242.143 630.91
Solvency
Equity ratio37.7 %42.4 %38.7 %50.1 %51.4 %
Gearing35.4 %30.1 %27.6 %9.0 %7.9 %
Relative net indebtedness %
Liquidity
Quick ratio1.82.53.26.73.1
Current ratio1.31.01.01.11.7
Cash and cash equivalents1 098.563 827.284 113.8918 469.525 421.28
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAABBBAAAA

Variable visualization

ROA:14.5%
Rating: 65/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:51.4%
Rating: 41/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board

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