FERMENTATIONEXPERTS A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About FERMENTATIONEXPERTS A/S
FERMENTATIONEXPERTS A/S (CVR number: 30560787K) is a company from VEJEN. The company recorded a gross profit of 13.3 mDKK in 2023. The operating profit was -4703 kDKK, while net earnings were -8398 kDKK. The profitability of the company measured by Return on Assets (ROA) was -7.1 %, which can be considered poor and Return on Equity (ROE) was -25.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 33.8 %, 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. FERMENTATIONEXPERTS A/S's liquidity measured by quick ratio was 0.6 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 financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 14 280.00 | 20 591.00 | 23 581.00 | 20 429.00 | 13 298.00 |
EBIT | 3 568.00 | 5 124.00 | 6 731.00 | 4 767.00 | -4 703.00 |
Net earnings | 401.00 | 5 816.00 | 6 516.00 | 3 275.00 | -8 398.00 |
Shareholders equity total | 16 949.00 | 26 765.00 | 33 922.00 | 37 197.00 | 28 799.00 |
Balance sheet total (assets) | 52 815.00 | 59 524.00 | 67 065.00 | 79 331.00 | 85 435.00 |
Net debt | 31 189.00 | 43 841.00 | |||
Profitability | |||||
EBIT-% | |||||
ROA | 10.6 % | 7.3 % | -7.1 % | ||
ROE | 21.5 % | 9.2 % | -25.5 % | ||
ROI | 10.6 % | 7.7 % | -8.0 % | ||
Economic value added (EVA) | 2 887.31 | 4 272.31 | 5 386.06 | 1 994.42 | -5 450.85 |
Solvency | |||||
Equity ratio | 100.0 % | 47.1 % | 33.8 % | ||
Gearing | 84.1 % | 153.4 % | |||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.7 | 0.6 | |||
Current ratio | 1.3 | 0.9 | |||
Cash and cash equivalents | 78.00 | 328.00 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | A | BBB |
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