FAURSCHOU CHINA ApS — Credit Rating and Financial Key Figures

CVR number: 30616340
Store Strandstræde 21, 1255 København K

Credit rating

Company information

Official name
FAURSCHOU CHINA ApS
Established
2007
Company form
Private limited company
Industry
  • Expand more icon47Retail trade, except of motor vehicles and motorcycles

About FAURSCHOU CHINA ApS

FAURSCHOU CHINA ApS (CVR number: 30616340) is a company from KØBENHAVN. The company recorded a gross profit of -26.8 kDKK in 2023. The operating profit was -26.8 kDKK, while net earnings were 283 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.3 %, which can be considered weak but Return on Equity (ROE) was 11.2 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at -80.1 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. FAURSCHOU CHINA ApS's liquidity measured by quick ratio was 0 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 profit-19.13-28.67-22.81-28.44-26.75
EBIT-19.13-28.67-22.81-28.44-26.75
Net earnings99.2466.22946.13-11 419.50283.00
Shareholders equity total74.53115.971 238.63-10 276.58-10 097.39
Balance sheet total (assets)4 654.941 337.889 177.712 549.762 511.82
Net debt4 564.511 209.407 903.5812 803.1212 585.47
Profitability
EBIT-%
ROA7.3 %4.2 %18.1 %-103.7 %2.3 %
ROE17.9 %69.5 %139.7 %-602.9 %11.2 %
ROI7.3 %4.2 %18.2 %109.3 %-1.6 %
Economic value added (EVA)47.8253.4768.40105.65707.39
Solvency
Equity ratio1.6 %8.7 %13.5 %-80.1 %-80.1 %
Gearing6125.1 %1042.8 %638.1 %-124.6 %-124.6 %
Relative net indebtedness %
Liquidity
Quick ratio0.80.10.90.00.0
Current ratio0.80.10.90.00.0
Cash and cash equivalents0.280.190.720.12
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBABBBBBB

Variable visualization

ROA:2.27%
Rating: 31/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-80.1%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

Companies in the same industry

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