FYNSKE FARVER A/S

CVR number: 32647693
Havnegade 2, 5700 Svendborg
info@fynskefarver.dk
tel: 62619595

Credit rating

Company information

Official name
FYNSKE FARVER A/S
Personnel
37 persons
Established
2009
Company form
Limited company
Industry
  • Expand more icon43Specialised construction activities

About FYNSKE FARVER A/S

FYNSKE FARVER A/S (CVR number: 32647693) is a company from SVENDBORG. The company recorded a gross profit of 18 mDKK in 2023. The operating profit was -429.3 kDKK, while net earnings were -552.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -4.2 %, which can be considered poor and Return on Equity (ROE) was -18.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 24.9 %, 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. FYNSKE FARVER A/S's liquidity measured by quick ratio was 1.2 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20192020202120222023
Volume
Net sales
Gross profit13 984.3214 405.0016 771.0016 724.0018 044.05
EBIT1 282.912 292.002 109.001 564.00- 429.29
Net earnings874.881 675.001 562.001 071.00- 552.16
Shareholders equity total2 393.513 168.003 430.003 501.002 448.48
Balance sheet total (assets)7 908.7310 389.009 355.0010 413.009 840.22
Net debt1 417.79-1 373.0080.00680.001 666.74
Profitability
EBIT-%
ROA14.7 %25.1 %21.4 %15.8 %-4.2 %
ROE34.2 %60.2 %47.3 %30.9 %-18.6 %
ROI24.8 %43.3 %35.5 %23.5 %-6.0 %
Economic value added (EVA)809.091 627.021 584.721 036.64- 535.79
Solvency
Equity ratio30.5 %30.5 %36.7 %33.6 %24.9 %
Gearing62.0 %42.9 %20.6 %24.1 %68.1 %
Relative net indebtedness %
Liquidity
Quick ratio1.31.41.71.61.2
Current ratio1.31.41.71.61.3
Cash and cash equivalents66.552 732.00628.00165.00
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBAAABBB

Variable visualization

ROA:-4.24%
Rating: 16/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:24.9%
Rating: 23/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board
Board member

Companies in the same industry

Build time: 2024-10-21T13:51:17.442Z

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