FINDUS DANMARK A/S — Credit Rating and Financial Key Figures

CVR number: 24205622
Ringager 4 A, 2605 Brøndby
info@dk.findus.com
tel: 70267677
www.findus.dk

Credit rating

Company information

Official name
FINDUS DANMARK A/S
Personnel
5 persons
Established
1999
Company form
Limited company
Industry
  • Expand more icon46Wholesale trade, except of motor vehicles and motorcycles

About FINDUS DANMARK A/S

FINDUS DANMARK A/S (CVR number: 24205622) is a company from BRØNDBY. The company recorded a gross profit of 8619.9 kDKK in 2023. The operating profit was -4199.7 kDKK, while net earnings were -4165.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -11.4 %, which can be considered poor and Return on Equity (ROE) was -57.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 18.7 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. FINDUS DANMARK A/S's liquidity measured by quick ratio was 1.2 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit603.637 234.326 113.638 064.328 619.95
EBIT-1 950.36-2 756.81-2 388.48- 950.17-4 199.74
Net earnings-1 973.53-5 379.95-2 361.31-1 002.27-4 165.53
Shareholders equity total18 054.1912 674.2410 312.939 310.665 145.13
Balance sheet total (assets)48 737.7366 569.8720 711.3021 295.0127 441.40
Net debt-10 496.31-15 940.753 300.792 680.629 453.41
Profitability
EBIT-%
ROA-5.3 %-4.0 %-5.2 %-3.2 %-11.4 %
ROE-12.1 %-35.0 %-20.5 %-10.2 %-57.6 %
ROI-6.4 %-4.6 %-6.4 %-5.3 %-21.0 %
Economic value added (EVA)-1 549.42-1 099.7933.40-1 468.40-4 667.60
Solvency
Equity ratio37.0 %19.0 %49.8 %43.7 %18.7 %
Gearing136.4 %354.5 %32.0 %28.8 %183.7 %
Relative net indebtedness %
Liquidity
Quick ratio1.61.22.01.81.2
Current ratio1.61.22.01.81.2
Cash and cash equivalents35 119.7660 870.81
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBB

Variable visualization

ROA:-11.4%
Rating: 9/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:18.7%
Rating: 18/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chairman of the board

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