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Finn Toft ApS — Credit Rating and Financial Key Figures

CVR number: 28654677
Hyldevej 9, 7700 Thisted
finn@beothisted.dk
tel: 20204888
www.beothisted.dk
Free credit report Annual report

Credit rating

Company information

Official name
Finn Toft ApS
Personnel
4 persons
Established
2006
Company form
Private limited company
Industry

About Finn Toft ApS

Finn Toft ApS (CVR number: 28654677) is a company from THISTED. The company recorded a gross profit of 1655.9 kDKK in 2024. The operating profit was 684.8 kDKK, while net earnings were 415.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 11.5 %, which can be considered good but Return on Equity (ROE) was 22.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 32.4 %, 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. Finn Toft ApS's liquidity measured by quick ratio was 0.2 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

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 profit1 517.221 690.331 864.661 397.031 655.85
EBIT757.40587.99524.45268.71684.81
Net earnings537.29396.48293.4867.87415.10
Shareholders equity total1 803.751 700.241 603.721 671.592 086.68
Balance sheet total (assets)4 745.324 853.825 975.075 760.556 654.51
Net debt2 229.252 322.423 638.052 795.273 837.64
Profitability
EBIT-%
ROA16.6 %12.4 %9.8 %5.0 %11.5 %
ROE35.0 %22.6 %17.8 %4.1 %22.1 %
ROI19.8 %14.6 %11.2 %5.9 %13.4 %
Economic value added (EVA)403.15252.14203.15-61.25301.87
Solvency
Equity ratio38.0 %35.0 %26.8 %29.4 %32.4 %
Gearing124.3 %137.0 %230.0 %170.9 %187.5 %
Relative net indebtedness %
Liquidity
Quick ratio0.40.40.20.20.2
Current ratio1.51.41.11.11.3
Cash and cash equivalents12.456.4350.3760.9175.64
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:11.5%
Rating: 61/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:32.4%
Rating: 28/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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