FFA500 Holding ApS — Credit Rating and Financial Key Figures

CVR number: 38017381
Vesterbrogade 74, 1620 København V

Company information

Official name
FFA500 Holding ApS
Established
2016
Company form
Private limited company
Industry

About FFA500 Holding ApS

FFA500 Holding ApS (CVR number: 38017381) is a company from KØBENHAVN. The company reported a net sales of 0.9 mDKK in 2023, demonstrating a growth of 63.7 % compared to the previous year. The operating profit percentage was at 98.5 % (EBIT: 0.9 mDKK), while net earnings were 895.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 36.3 %, which can be considered excellent and Return on Equity (ROE) was 39.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 89.7 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. FFA500 Holding ApS's liquidity measured by quick ratio was 0.9 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

Financial information

See financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales325.681 541.291 401.10558.77914.61
Gross profit315.061 532.811 389.60548.77901.11
EBIT315.061 532.811 389.60548.77901.11
Net earnings312.391 528.181 374.02550.63895.21
Shareholders equity total1 167.072 175.252 549.261 999.892 495.10
Balance sheet total (assets)1 369.152 608.732 959.872 180.492 780.29
Net debt-23.15-7.49399.48120.47176.21
Profitability
EBIT-%96.7 %99.4 %99.2 %98.2 %98.5 %
ROA24.6 %77.1 %49.9 %21.4 %36.3 %
ROE27.5 %91.4 %58.2 %24.2 %39.8 %
ROI26.8 %91.7 %54.2 %21.6 %37.5 %
Economic value added (EVA)335.211 537.381 421.99597.13980.92
Solvency
Equity ratio85.2 %83.4 %86.1 %91.7 %89.7 %
Gearing0.1 %15.9 %6.6 %7.3 %
Relative net indebtedness %54.9 %27.6 %28.9 %30.1 %30.6 %
Liquidity
Quick ratio1.31.11.11.10.9
Current ratio1.31.11.11.10.9
Cash and cash equivalents23.158.815.7512.455.19
Capital use efficiency
Trade debtors turnover (days)
Net working capital %18.7 %3.1 %1.5 %2.2 %-2.1 %
Credit risk
Credit ratingBBBBBBBBBAA

Variable visualization

ROA:36.3%
Rating: 87/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:89.7%
Rating: 70/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member
Chief executive officer

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