FAB:IT ApS — Credit Rating and Financial Key Figures

CVR number: 27374646
Vester Farimagsgade 37 A, 1606 København V
info@fab-it.dk
tel: 70202407
www.fab-it.dk

Credit rating

Company information

Official name
FAB:IT ApS
Personnel
9 persons
Established
2003
Company form
Private limited company
Industry

About FAB:IT ApS

FAB:IT ApS (CVR number: 27374646) is a company from KØBENHAVN. The company recorded a gross profit of 3013.5 kDKK in 2023. The operating profit was -189.4 kDKK, while net earnings were -165.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was -9.6 %, which can be considered poor and Return on Equity (ROE) was -19.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 31.7 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. FAB:IT ApS's liquidity measured by quick ratio was 1.1 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 sales
Gross profit2 291.522 554.562 667.763 739.663 013.53
EBIT- 468.34655.99491.86941.93- 189.35
Net earnings- 366.41486.19365.12717.80- 165.40
Shareholders equity total113.04599.23964.351 182.15516.75
Balance sheet total (assets)1 521.732 547.341 807.852 324.881 629.50
Net debt-39.08- 810.35- 545.10- 485.6376.03
Profitability
EBIT-%
ROA-28.2 %32.2 %22.6 %45.6 %-9.6 %
ROE-123.7 %136.5 %46.7 %66.9 %-19.5 %
ROI-90.4 %113.5 %51.8 %83.5 %-18.0 %
Economic value added (EVA)- 363.53513.84405.47716.77- 183.27
Solvency
Equity ratio7.4 %23.5 %53.3 %50.8 %31.7 %
Gearing155.9 %44.6 %7.2 %3.3 %71.2 %
Relative net indebtedness %
Liquidity
Quick ratio0.81.21.91.61.1
Current ratio0.81.21.91.61.1
Cash and cash equivalents215.261 077.48614.74524.87291.83
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBAABBB

Variable visualization

ROA:-9.58%
Rating: 10/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:31.7%
Rating: 27/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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