FG 2024 ApS — Credit Rating and Financial Key Figures

CVR number: 37749850
Sortedam Dossering 55, 2100 København Ø

Company information

Official name
FG 2024 ApS
Established
2016
Company form
Private limited company
Industry

About FG 2024 ApS

FG 2024 ApS (CVR number: 37749850) is a company from KØBENHAVN. The company recorded a gross profit of 12.8 mDKK in 2022. The operating profit was -495.9 kDKK, while net earnings were -13.9 mDKK. The profitability of the company measured by Return on Assets (ROA) was -115.1 %, which can be considered poor and Return on Equity (ROE) was -3780.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -97.7 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. FG 2024 ApS's liquidity measured by quick ratio was 0.1 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
2018
2019
2020
2021
2022
Volume
Net sales
Gross profit4 065.067 186.306 304.4211 481.9712 843.78
EBIT110.671 390.67780.76- 341.00- 495.93
Net earnings1 025.46-2 313.41- 909.63-4 006.25-13 877.80
Shareholders equity total148.53335.11425.49421.15-13 456.65
Balance sheet total (assets)4 015.763 714.547 363.188 816.60313.09
Net debt839.23266.31917.95775.331 806.82
Profitability
EBIT-%
ROA31.5 %-48.2 %-12.3 %-46.6 %-115.1 %
ROE75.5 %-956.7 %-239.2 %-946.4 %-3780.2 %
ROI45.9 %-102.5 %-56.4 %-272.5 %-784.1 %
Economic value added (EVA)237.101 264.01724.98- 462.68- 431.83
Solvency
Equity ratio3.7 %9.0 %5.8 %4.8 %-97.7 %
Gearing668.9 %80.5 %233.4 %220.0 %-14.6 %
Relative net indebtedness %
Liquidity
Quick ratio0.61.22.21.80.1
Current ratio0.61.22.21.80.1
Cash and cash equivalents154.193.4975.27151.22159.75
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBC

Variable visualization

ROA:-115.1%
Rating: 0/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-97.7%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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