FINDING ApS — Credit Rating and Financial Key Figures

CVR number: 36086173
Borgergade 25, 7160 Tørring

Company information

Official name
FINDING ApS
Established
2014
Company form
Private limited company
Industry

About FINDING ApS

FINDING ApS (CVR number: 36086173) is a company from HEDENSTED. The company recorded a gross profit of 0 kDKK in 2023. The operating profit was -45.3 kDKK, while net earnings were 984 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7.4 %, which can be considered decent and Return on Equity (ROE) was 5.7 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 99.9 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. FINDING ApS's liquidity measured by quick ratio was 1129.3 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit-16.24-46.11-55.35
EBIT-16.24-46.11-55.35-31.10-45.34
Net earnings1 720.232 411.971 817.32-1 406.74984.02
Shareholders equity total19 301.7620 838.7320 656.0518 249.3116 233.33
Balance sheet total (assets)19 643.5421 494.7621 086.8518 257.5416 241.83
Net debt-12 826.41-15 142.13-14 599.67-11 142.92-9 308.14
Profitability
EBIT-%
ROA11.8 %15.1 %11.1 %3.4 %7.4 %
ROE9.3 %12.0 %8.8 %-7.2 %5.7 %
ROI11.9 %15.5 %11.4 %3.4 %7.4 %
Economic value added (EVA)- 346.81- 360.15- 328.08- 377.58- 391.20
Solvency
Equity ratio98.3 %96.9 %98.0 %100.0 %99.9 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio37.823.133.91 419.61 129.3
Current ratio37.823.133.91 419.61 129.3
Cash and cash equivalents12 826.4115 142.1314 599.6711 142.929 308.14
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:7.37%
Rating: 50/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:99.9%
Rating: 99/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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