FAIRTIME DANMARK ApS

CVR number: 35036563
Drejervej 36, 8920 Randers NV
info@fairtime.dk
tel: 86433434
fairtime.dk

Credit rating

Company information

Official name
FAIRTIME DANMARK ApS
Established
2013
Company form
Private limited company
Industry
  • Expand more icon46Wholesale trade, except of motor vehicles and motorcycles

About FAIRTIME DANMARK ApS

FAIRTIME DANMARK ApS (CVR number: 35036563) is a company from RANDERS. The company recorded a gross profit of -4.6 kDKK in 2023. The operating profit was -4.6 kDKK, while net earnings were -3.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -2.1 %, which can be considered poor and Return on Equity (ROE) was -2.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 78.4 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. FAIRTIME DANMARK ApS's liquidity measured by quick ratio was 3.7 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20192020202120222023
Volume
Net sales
Gross profit-3.325.1012.56-4.22-4.61
EBIT-38.825.1012.56-4.22-4.61
Net earnings-30.283.608.85-4.21-3.58
Shareholders equity total163.08166.69175.54171.33167.75
Balance sheet total (assets)216.16232.08225.81221.45213.86
Net debt- 136.35- 153.72- 121.69- 141.37- 147.49
Profitability
EBIT-%
ROA-15.9 %2.3 %5.5 %-1.9 %-2.1 %
ROE-17.0 %2.2 %5.2 %-2.4 %-2.1 %
ROI-19.7 %2.7 %6.6 %-2.2 %-2.4 %
Economic value added (EVA)-31.434.9110.19-4.98-4.98
Solvency
Equity ratio75.4 %71.8 %77.7 %77.4 %78.4 %
Gearing14.1 %12.4 %11.5 %13.2 %12.8 %
Relative net indebtedness %
Liquidity
Quick ratio3.13.03.63.43.7
Current ratio4.13.54.54.44.6
Cash and cash equivalents159.38174.45141.86164.04168.98
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingCBBBCC

Variable visualization

ROA:-2.12%
Rating: 18/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:78.4%
Rating: 58/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Companies in the same industry

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