Fgaard ApS — Credit Rating and Financial Key Figures

CVR number: 38998536
H.C. Ørsteds Vej 28 C, 1879 Frederiksberg C
nina@fgaard.dk
tel: 20320883

Credit rating

Company information

Official name
Fgaard ApS
Established
2017
Company form
Private limited company
Industry

About Fgaard ApS

Fgaard ApS (CVR number: 38998536) is a company from FREDERIKSBERG. The company reported a net sales of -1.1 mDKK in 2023, demonstrating a decline of -222.5 % compared to the previous year. The operating profit percentage was poor at 0 % (EBIT: -1.2 mDKK), while net earnings were -1143.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -0.8 %, which can be considered poor and Return on Equity (ROE) was -1.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 86.3 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Fgaard ApS's liquidity measured by quick ratio was 1.1 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 sales24 354.258 457.8816 566.69929.55-1 139.08
Gross profit24 334.948 436.5716 545.49903.05-1 172.76
EBIT24 334.948 436.5716 545.49903.05-1 172.76
Net earnings24 325.038 456.1516 592.82933.69-1 143.49
Shareholders equity total55 292.1663 748.3180 341.1381 274.8280 131.33
Balance sheet total (assets)70 839.6577 723.3495 949.7296 132.9092 869.40
Net debt15 184.2013 842.6115 550.0714 552.3212 679.67
Profitability
EBIT-%99.9 %99.7 %99.9 %97.1 %
ROA45.4 %12.0 %19.6 %1.4 %-0.8 %
ROE56.4 %14.2 %23.0 %1.2 %-1.4 %
ROI47.8 %12.0 %19.6 %1.4 %-0.8 %
Economic value added (EVA)22 731.814 880.4412 634.82-3 916.90-5 999.82
Solvency
Equity ratio78.1 %82.0 %83.7 %84.5 %86.3 %
Gearing28.0 %21.9 %19.4 %18.2 %15.8 %
Relative net indebtedness %62.6 %164.2 %94.2 %1570.5 %-1117.1 %
Liquidity
Quick ratio1.11.11.11.11.1
Current ratio1.11.11.11.11.1
Cash and cash equivalents301.9487.085.81259.2513.07
Capital use efficiency
Trade debtors turnover (days)
Net working capital %4.6 %13.2 %6.7 %120.2 %-97.7 %
Credit risk
Credit ratingAAAAAAABBB

Variable visualization

ROA:-0.77%
Rating: 19/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:86.3%
Rating: 66/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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