Credit rating
Company information
About FB Gruppen A/S
FB Gruppen A/S (CVR number: 32266134K) is a company from KØBENHAVN. The company reported a net sales of 1590.5 mDKK in 2023, demonstrating a decline of -31.7 % compared to the previous year. The operating profit percentage was at 23.9 % (EBIT: 380.1 mDKK), while net earnings were 257 mDKK. The profitability of the company measured by Return on Assets (ROA) was 9.4 %, which can be considered good but Return on Equity (ROE) was 20.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 53.3 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. FB Gruppen A/S's liquidity measured by quick ratio was 1.1 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 2 069.67 | 1 473.81 | 791.89 | 2 327.07 | 1 590.50 |
Gross profit | 447.21 | 389.09 | 265.29 | 596.51 | 404.74 |
EBIT | 429.69 | 372.62 | 246.05 | 563.87 | 380.13 |
Net earnings | 399.24 | 291.27 | 406.06 | 547.96 | 256.98 |
Shareholders equity total | 880.05 | 882.44 | 1 149.31 | 1 681.85 | 1 824.75 |
Balance sheet total (assets) | 1 600.10 | 1 393.35 | 2 835.22 | 3 594.47 | 3 425.10 |
Net debt | - 444.93 | - 314.67 | 917.24 | 392.01 | 480.39 |
Profitability | |||||
EBIT-% | 20.8 % | 25.3 % | 31.1 % | 24.2 % | 23.9 % |
ROA | 26.2 % | 25.0 % | 23.7 % | 20.1 % | 9.4 % |
ROE | 77.4 % | 44.6 % | 56.9 % | 55.9 % | 20.7 % |
ROI | 33.7 % | 30.7 % | 26.7 % | 22.5 % | 10.5 % |
Economic value added (EVA) | 400.91 | 283.84 | 179.33 | 427.95 | 274.84 |
Solvency | |||||
Equity ratio | 55.3 % | 63.8 % | 41.0 % | 47.1 % | 53.3 % |
Gearing | 27.8 % | 16.5 % | 107.8 % | 75.5 % | 62.3 % |
Relative net indebtedness % | -4.8 % | -7.3 % | 150.5 % | 36.0 % | 48.4 % |
Liquidity | |||||
Quick ratio | 1.7 | 2.1 | 0.6 | 1.1 | 1.1 |
Current ratio | 2.7 | 3.1 | 2.6 | 2.5 | 3.0 |
Cash and cash equivalents | 689.85 | 459.98 | 322.21 | 877.33 | 656.80 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 19.2 | 43.8 | 23.0 | 38.4 | 24.3 |
Net working capital % | 47.5 % | 49.9 % | 166.7 % | 73.6 % | 105.5 % |
Credit risk | |||||
Credit rating | A | A | A | A | A |
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