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Finnermann ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Finnermann ApS
Finnermann ApS (CVR number: 28712065) is a company from GULDBORGSUND. The company recorded a gross profit of 309.7 kDKK in 2024. The operating profit was -19 kDKK, while net earnings were -28.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was -1 %, which can be considered poor and Return on Equity (ROE) was -1.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 77.6 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. Finnermann ApS's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | 126.41 | 342.46 | 327.88 | 606.38 | 309.68 |
| EBIT | - 153.67 | -92.87 | -92.67 | 181.43 | -18.96 |
| Net earnings | - 135.29 | -94.64 | -97.90 | 137.84 | -28.06 |
| Shareholders equity total | 1 539.52 | 1 444.88 | 1 346.98 | 1 484.82 | 1 456.77 |
| Balance sheet total (assets) | 2 010.76 | 2 429.29 | 1 914.31 | 1 775.82 | 1 877.88 |
| Net debt | - 294.60 | 49.93 | 149.00 | -79.56 | -94.48 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | -7.2 % | -4.2 % | -4.3 % | 10.6 % | -1.0 % |
| ROE | -8.4 % | -6.3 % | -7.0 % | 9.7 % | -1.9 % |
| ROI | -9.6 % | -5.5 % | -5.4 % | 12.5 % | -1.3 % |
| Economic value added (EVA) | - 209.11 | - 153.55 | - 167.34 | 54.55 | -92.47 |
| Solvency | |||||
| Equity ratio | 76.6 % | 59.5 % | 70.4 % | 83.6 % | 77.6 % |
| Gearing | 26.0 % | 21.5 % | |||
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 0.8 | 0.7 | 0.5 | 0.7 | 0.7 |
| Current ratio | 1.3 | 1.4 | 1.2 | 2.6 | 2.3 |
| Cash and cash equivalents | 294.60 | 325.07 | 140.23 | 79.56 | 94.48 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BB | BBB | BBB | BBB | BBB |
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