FAV A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About FAV A/S
FAV A/S (CVR number: 38049380) is a company from GLOSTRUP. The company reported a net sales of 69.4 mDKK in 2024, demonstrating a decline of -17.9 % compared to the previous year. The operating profit percentage was at 74.7 % (EBIT: 51.9 mDKK), while net earnings were 41 mDKK. The profitability of the company measured by Return on Assets (ROA) was 60.4 %, which can be considered excellent and Return on Equity (ROE) was 137.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 50.5 %, 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. FAV A/S's liquidity measured by quick ratio was 1.6 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 financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 139.31 | 114.46 | 101.13 | 84.52 | 69.40 |
Gross profit | 139.31 | 114.46 | 101.13 | 23.68 | 54.18 |
EBIT | 139.31 | 114.46 | 101.13 | 20.78 | 51.86 |
Net earnings | 10.97 | 16.25 | 17.35 | 16.42 | 40.96 |
Shareholders equity total | 33.48 | 19.73 | 37.08 | 17.50 | 42.04 |
Balance sheet total (assets) | 95.42 | 100.60 | 115.34 | 90.71 | 83.22 |
Net debt | -26.94 | -55.56 | |||
Profitability | |||||
EBIT-% | 100.0 % | 100.0 % | 100.0 % | 24.6 % | 74.7 % |
ROA | 134.2 % | 116.8 % | 93.7 % | 20.4 % | 60.4 % |
ROE | 30.0 % | 61.1 % | 61.1 % | 60.2 % | 137.6 % |
ROI | 134.2 % | 116.8 % | 93.7 % | 24.5 % | 100.4 % |
Economic value added (EVA) | 137.33 | 112.78 | 100.14 | 14.34 | 37.61 |
Solvency | |||||
Equity ratio | 100.0 % | 100.0 % | 100.0 % | 19.3 % | 50.5 % |
Gearing | 219.8 % | 12.8 % | |||
Relative net indebtedness % | 8.6 % | -29.5 % | |||
Liquidity | |||||
Quick ratio | 0.9 | 1.6 | |||
Current ratio | 0.9 | 1.6 | |||
Cash and cash equivalents | 65.40 | 60.93 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | -8.4 % | 35.3 % | |||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | A | BBB |
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