Furen Asset Management ApS — Credit Rating and Financial Key Figures

CVR number: 36482699
Ørbækgårds Alle 705, 2970 Hørsholm

Credit rating

Company information

Official name
Furen Asset Management ApS
Personnel
2 persons
Established
2014
Company form
Private limited company
Industry

About Furen Asset Management ApS

Furen Asset Management ApS (CVR number: 36482699) is a company from HØRSHOLM. The company recorded a gross profit of -143.3 kDKK in 2024. The operating profit was -248.3 kDKK, while net earnings were 32.6 mDKK. The profitability of the company measured by Return on Assets (ROA) was 41.2 %, which can be considered excellent and Return on Equity (ROE) was 61.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 70.9 %, 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. Furen Asset Management ApS's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.

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 profit102.30-97.99-0.90- 332.82- 143.26
EBIT41.42- 160.09-60.90- 392.82- 248.26
Net earnings7 967.673 291.70- 821.337 345.4732 569.96
Shareholders equity total27 255.5930 434.2829 498.5536 726.2269 174.19
Balance sheet total (assets)47 223.9657 962.2455 375.6261 912.8297 554.78
Net debt-4 346.757 475.888 851.8818 470.9910 983.10
Profitability
EBIT-%
ROA25.1 %7.4 %8.8 %14.9 %41.2 %
ROE34.2 %11.4 %-2.7 %22.2 %61.5 %
ROI25.4 %7.5 %7.5 %14.9 %41.4 %
Economic value added (EVA)- 953.22-2 480.71-2 940.94-3 058.18-3 354.80
Solvency
Equity ratio57.7 %52.5 %53.3 %59.3 %70.9 %
Gearing71.3 %88.3 %87.5 %68.4 %40.2 %
Relative net indebtedness %
Liquidity
Quick ratio1.30.80.70.30.6
Current ratio1.30.80.70.30.6
Cash and cash equivalents23 785.3619 404.0616 958.606 644.9016 819.06
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAABBBABBB

Variable visualization

ROA:41.2%
Rating: 90/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:70.9%
Rating: 53/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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