FUNNY WORLD ApS

CVR number: 29138982
Førslev Bygade 2, 4690 Haslev
formann@funnyworld.dk
tel: 56380630

Credit rating

Company information

Official name
FUNNY WORLD ApS
Personnel
2 persons
Established
2005
Company form
Private limited company
Industry
  • Expand more icon77Rental and leasing activities

About FUNNY WORLD ApS

FUNNY WORLD ApS (CVR number: 29138982) is a company from FAXE. The company recorded a gross profit of 783.5 kDKK in 2023. The operating profit was 183.6 kDKK, while net earnings were 115.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 14.3 %, which can be considered good but Return on Equity (ROE) was 33.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 30.2 %, 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. FUNNY WORLD ApS's liquidity measured by quick ratio was 0.3 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
20192020202120222023
Volume
Net sales
Gross profit687.14321.601 178.36732.44783.54
EBIT47.66- 280.70580.66-51.05183.59
Net earnings10.76- 250.64418.25-52.06115.25
Shareholders equity total169.96-80.68337.58285.51400.76
Balance sheet total (assets)1 193.931 270.351 483.631 244.871 325.10
Net debt126.09231.59- 352.64184.54118.13
Profitability
EBIT-%
ROA4.0 %-22.0 %41.1 %-3.7 %14.3 %
ROE6.5 %-34.8 %52.0 %-16.7 %33.6 %
ROI14.1 %-98.1 %179.3 %-11.0 %33.2 %
Economic value added (EVA)44.58- 224.20446.01-21.81127.60
Solvency
Equity ratio14.2 %-6.0 %22.8 %22.9 %30.2 %
Gearing87.8 %-287.1 %3.8 %65.1 %29.8 %
Relative net indebtedness %
Liquidity
Quick ratio0.20.20.60.30.3
Current ratio0.20.20.60.30.4
Cash and cash equivalents23.05365.351.211.21
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBB

Variable visualization

ROA:14.3%
Rating: 65/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:30.2%
Rating: 26/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Companies in the same industry

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