FF Factories ApS
Credit rating
Company information
About FF Factories ApS
FF Factories ApS (CVR number: 38864769) is a company from KØBENHAVN. The company recorded a gross profit of -52.4 kDKK in 2022. The operating profit was -114.5 kDKK, while net earnings were -331 kDKK. The profitability of the company measured by Return on Assets (ROA) was -17.1 %, which can be considered poor and Return on Equity (ROE) was -16.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -2.2 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. FF Factories ApS's liquidity measured by quick ratio was 1.3 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2018 | 2019 | 2020 | 2021 | 2022 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -15.00 | -16.00 | -46.00 | -52.45 | |
EBIT | -15.00 | -15.00 | -16.00 | -46.00 | - 114.47 |
Net earnings | -63.56 | - 147.01 | 184.00 | 214.00 | - 331.01 |
Shareholders equity total | -5.26 | - 152.27 | 32.00 | 246.00 | -85.18 |
Balance sheet total (assets) | 1 012.49 | 817.15 | 904.00 | 1 114.00 | 1 906.97 |
Net debt | 962.76 | 891.44 | -44.00 | -25.00 | 1 034.34 |
Profitability | |||||
EBIT-% | |||||
ROA | -5.5 % | -12.8 % | 21.7 % | 23.0 % | -17.1 % |
ROE | -6.3 % | -16.1 % | 43.3 % | 154.0 % | -16.3 % |
ROI | -5.5 % | -13.0 % | 21.9 % | 23.2 % | -17.3 % |
Economic value added (EVA) | -15.00 | 36.14 | 32.71 | -2.18 | -96.33 |
Solvency | |||||
Equity ratio | -0.5 % | -15.7 % | 1.8 % | 12.6 % | -2.2 % |
Gearing | -19140.6 % | -630.1 % | 5.7 % | -1325.3 % | |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.0 | 0.1 | 4.4 | 1.6 | 1.3 |
Current ratio | 0.0 | 0.1 | 4.4 | 1.6 | 1.3 |
Cash and cash equivalents | 44.99 | 67.99 | 44.00 | 39.00 | 94.53 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | BB | BB | BB |
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