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Finnermann ApS — Credit Rating and Financial Key Figures

CVR number: 28712065
Havnepladsen 6 B, 4800 Nykøbing F
finn@finnermann.dk
tel: 26650203
Free credit report Annual report

Credit rating

Company information

Official name
Finnermann ApS
Personnel
2 persons
Established
2005
Company form
Private limited company
Industry

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit126.41342.46327.88606.38309.68
EBIT- 153.67-92.87-92.67181.43-18.96
Net earnings- 135.29-94.64-97.90137.84-28.06
Shareholders equity total1 539.521 444.881 346.981 484.821 456.77
Balance sheet total (assets)2 010.762 429.291 914.311 775.821 877.88
Net debt- 294.6049.93149.00-79.56-94.48
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- 167.3454.55-92.47
Solvency
Equity ratio76.6 %59.5 %70.4 %83.6 %77.6 %
Gearing26.0 %21.5 %
Relative net indebtedness %
Liquidity
Quick ratio0.80.70.50.70.7
Current ratio1.31.41.22.62.3
Cash and cash equivalents294.60325.07140.2379.5694.48
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBB

Variable visualization

ROA:-1.02%
Rating: 19/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:77.6%
Rating: 58/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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