FONDEN FOR FYNSKE BANK — Credit Rating and Financial Key Figures
Credit rating
Company information
About FONDEN FOR FYNSKE BANK
FONDEN FOR FYNSKE BANK (CVR number: 26192781) is a company from SVENDBORG. The company recorded a gross profit of -2712.7 kDKK in 2024. The operating profit was -4754.7 kDKK, while net earnings were 21.7 mDKK. The profitability of the company measured by Return on Assets (ROA) was 4 %, which can be considered weak and Return on Equity (ROE) was 3.6 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 97.5 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. FONDEN FOR FYNSKE BANK's liquidity measured by quick ratio was 4 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 financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | - 536.06 | - 408.37 | - 846.32 | - 732.52 | -2 712.68 |
EBIT | -1 886.06 | -2 038.37 | -2 494.66 | -2 424.52 | -4 754.69 |
Net earnings | 1 394.84 | 15 296.00 | - 870.98 | 6 266.66 | 21 656.30 |
Shareholders equity total | 365 968.35 | 541 094.05 | 529 781.84 | 609 624.58 | 602 680.79 |
Balance sheet total (assets) | 380 407.01 | 554 222.40 | 542 955.73 | 622 770.03 | 618 176.79 |
Net debt | -85 022.72 | -85 141.22 | -71 858.90 | -56 935.44 | -61 827.02 |
Profitability | |||||
EBIT-% | |||||
ROA | 1.8 % | 3.7 % | 2.1 % | 1.5 % | 4.0 % |
ROE | 0.4 % | 3.4 % | -0.2 % | 1.1 % | 3.6 % |
ROI | 1.9 % | 3.8 % | 2.2 % | 1.6 % | 3.7 % |
Economic value added (EVA) | -20 521.63 | -20 368.30 | -29 629.37 | -29 046.06 | -35 388.32 |
Solvency | |||||
Equity ratio | 96.2 % | 97.6 % | 97.6 % | 97.9 % | 97.5 % |
Gearing | |||||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 5.9 | 6.7 | 5.5 | 4.4 | 4.0 |
Current ratio | 5.9 | 6.7 | 5.5 | 4.4 | 4.0 |
Cash and cash equivalents | 85 022.72 | 85 141.22 | 71 858.90 | 56 935.44 | 61 827.02 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | A | A | A | A |
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