A/S FORENEDE STENHUGGERIER — Credit Rating and Financial Key Figures
Credit rating
Company information
About A/S FORENEDE STENHUGGERIER
A/S FORENEDE STENHUGGERIER (CVR number: 19209806) is a company from HVIDOVRE. The company recorded a gross profit of 3487.1 kDKK in 2023. The operating profit was -724.6 kDKK, while net earnings were -606.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -15.8 %, which can be considered poor and Return on Equity (ROE) was -31.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 60.5 %, 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. A/S FORENEDE STENHUGGERIER's liquidity measured by quick ratio was 2.2 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 1 227.81 | 61.82 | 2 367.07 | 4 569.13 | 3 487.07 |
EBIT | -1 713.77 | -1 748.08 | 316.67 | 1 180.37 | - 724.62 |
Net earnings | -1 751.24 | -1 799.46 | 888.29 | 1 246.05 | - 606.75 |
Shareholders equity total | -3 025.76 | 265.07 | 1 153.37 | 2 399.42 | 1 442.67 |
Balance sheet total (assets) | 2 693.30 | 1 980.82 | 3 309.13 | 4 875.21 | 4 301.30 |
Net debt | 4 578.41 | 499.32 | 104.54 | - 196.87 | 629.70 |
Profitability | |||||
EBIT-% | |||||
ROA | -27.7 % | -45.3 % | 12.0 % | 29.1 % | -15.8 % |
ROE | -43.5 % | -121.7 % | 125.2 % | 70.1 % | -31.6 % |
ROI | -33.7 % | -55.2 % | 19.3 % | 43.7 % | -23.2 % |
Economic value added (EVA) | -1 528.83 | -1 570.97 | 225.78 | 1 280.85 | - 631.53 |
Solvency | |||||
Equity ratio | -0.9 % | 51.9 % | 58.9 % | 49.2 % | 60.5 % |
Gearing | -167.8 % | 295.4 % | 70.6 % | 39.5 % | 101.2 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 3.3 | 2.0 | 2.5 | 1.9 | 2.2 |
Current ratio | 3.5 | 2.0 | 2.5 | 1.9 | 2.4 |
Cash and cash equivalents | 498.85 | 283.83 | 709.99 | 1 145.23 | 830.71 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | A | A | BBB |
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