Finn Toft ApS — Credit Rating and Financial Key Figures

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

Credit rating

Company information

Official name
Finn Toft ApS
Personnel
3 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 1397 kDKK in 2023. The operating profit was 268.7 kDKK, while net earnings were 67.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5 %, which can be considered decent and Return on Equity (ROE) was 4.1 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 29 %, 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit1 066.661 517.221 690.331 864.661 397.03
EBIT321.13757.40587.99524.45268.71
Net earnings201.90537.29396.48293.4867.87
Shareholders equity total1 266.471 803.751 700.241 603.721 671.59
Balance sheet total (assets)4 630.054 745.324 853.825 975.075 760.55
Net debt2 420.722 229.252 322.423 638.053 268.93
Profitability
EBIT-%
ROA7.2 %16.6 %12.4 %9.8 %5.0 %
ROE17.3 %35.0 %22.6 %17.8 %4.1 %
ROI11.5 %19.8 %14.6 %11.2 %5.6 %
Economic value added (EVA)198.26528.54367.86324.24130.86
Solvency
Equity ratio27.4 %38.0 %35.0 %26.8 %29.0 %
Gearing192.4 %124.3 %137.0 %230.0 %199.2 %
Relative net indebtedness %
Liquidity
Quick ratio0.40.40.40.20.2
Current ratio1.21.51.41.11.1
Cash and cash equivalents16.4512.456.4350.3760.91
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBAAABBB

Variable visualization

ROA:4.99%
Rating: 43/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:29.0%
Rating: 26/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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