Fiftytwo A/S — Credit Rating and Financial Key Figures

CVR number: 24784010
Ejby Industrivej 91, 2600 Glostrup

Credit rating

Company information

Official name
Fiftytwo A/S
Personnel
59 persons
Established
1929
Company form
Limited company
Industry

About Fiftytwo A/S

Fiftytwo A/S (CVR number: 24784010) is a company from GLOSTRUP. The company recorded a gross profit of 43.7 mDKK in 2023. The operating profit was -3117 kDKK, while net earnings were -13.6 mDKK. The profitability of the company measured by Return on Assets (ROA) was -3.1 %, which can be considered poor and Return on Equity (ROE) was -157.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 11.7 %, 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. Fiftytwo A/S's liquidity measured by quick ratio was 0.8 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales96 498.00
Gross profit70 254.0069 564.0088 473.0071 453.0043 693.00
EBIT5 475.00-6 322.003 136.00-11 943.00-3 117.00
Net earnings4 106.00- 826.008 059.00-9 468.00-13 622.00
Shareholders equity total15 112.0011 844.0019 902.0010 460.006 838.00
Balance sheet total (assets)85 171.0069 978.0078 950.0082 254.0058 220.00
Net debt15 909.002 487.005 958.0036 368.0028 935.00
Profitability
EBIT-%5.7 %
ROA8.7 %-2.1 %12.3 %-12.9 %-3.1 %
ROE25.8 %-6.1 %50.8 %-62.4 %-157.5 %
ROI15.6 %-3.5 %25.2 %-23.5 %-5.0 %
Economic value added (EVA)3 430.92-4 878.062 677.49-10 097.91-1 978.50
Solvency
Equity ratio17.7 %17.1 %25.5 %13.0 %11.7 %
Gearing111.5 %21.4 %30.6 %348.4 %423.3 %
Relative net indebtedness %48.6 %
Liquidity
Quick ratio0.60.60.70.50.8
Current ratio0.70.70.70.50.9
Cash and cash equivalents935.0046.00129.0076.007.00
Capital use efficiency
Trade debtors turnover (days)93.8
Net working capital %-12.5 %
Credit risk
Credit ratingAAAABBBBBB

Variable visualization

ROA:-3.11%
Rating: 17/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:11.7%
Rating: 12/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

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