A/S FORENEDE STENHUGGERIER — Credit Rating and Financial Key Figures

CVR number: 19209806
Industriholmen 21, 2650 Hvidovre

Credit rating

Company information

Official name
A/S FORENEDE STENHUGGERIER
Personnel
9 persons
Established
1996
Company form
Limited company
Industry
  • Expand more icon23Manufacture of other non-metallic mineral products

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit1 227.8161.822 367.074 569.133 487.07
EBIT-1 713.77-1 748.08316.671 180.37- 724.62
Net earnings-1 751.24-1 799.46888.291 246.05- 606.75
Shareholders equity total-3 025.76265.071 153.372 399.421 442.67
Balance sheet total (assets)2 693.301 980.823 309.134 875.214 301.30
Net debt4 578.41499.32104.54- 196.87629.70
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)-1 528.83-1 570.97225.781 280.85- 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 ratio3.32.02.51.92.2
Current ratio3.52.02.51.92.4
Cash and cash equivalents498.85283.83709.991 145.23830.71
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBAABBB

Variable visualization

ROA:-15.8%
Rating: 4/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:60.5%
Rating: 47/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board
Board member

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