Fiig Finance ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Fiig Finance ApS
Fiig Finance ApS (CVR number: 39072076) is a company from NYBORG. The company recorded a gross profit of 734.6 kDKK in 2024. The operating profit was -229.3 kDKK, while net earnings were -3.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.5 %, which can be considered weak but Return on Equity (ROE) was -0.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 77.3 %, 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. Fiig Finance ApS's liquidity measured by quick ratio was 4.4 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 (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 598.00 | 1 093.80 | 1 318.24 | ||
Gross profit | 569.05 | 1 008.01 | 1 059.57 | 1 055.47 | 734.61 |
EBIT | -69.18 | 423.19 | 454.91 | 416.76 | - 229.28 |
Net earnings | -70.13 | 343.64 | 358.94 | 342.18 | -3.20 |
Shareholders equity total | 54.30 | 377.94 | 666.88 | 799.05 | 795.86 |
Balance sheet total (assets) | 275.27 | 654.29 | 1 081.91 | 1 143.23 | 1 030.17 |
Net debt | 38.80 | - 455.33 | - 788.99 | - 965.59 | - 750.96 |
Profitability | |||||
EBIT-% | -11.6 % | 38.7 % | 34.5 % | ||
ROA | -23.5 % | 91.1 % | 54.4 % | 41.0 % | 0.5 % |
ROE | -70.6 % | 159.0 % | 68.7 % | 46.7 % | -0.4 % |
ROI | -53.5 % | 177.0 % | 88.3 % | 61.6 % | 0.7 % |
Economic value added (EVA) | -77.49 | 340.72 | 328.23 | 278.35 | - 269.43 |
Solvency | |||||
Equity ratio | 19.7 % | 57.8 % | 61.6 % | 69.9 % | 77.3 % |
Gearing | 71.5 % | 1.9 % | 2.5 % | ||
Relative net indebtedness % | 37.0 % | -17.0 % | -29.7 % | ||
Liquidity | |||||
Quick ratio | 1.2 | 2.4 | 2.6 | 3.3 | 4.4 |
Current ratio | 1.2 | 2.4 | 2.6 | 3.3 | 4.4 |
Cash and cash equivalents | 462.44 | 805.92 | 965.59 | 750.96 | |
Capital use efficiency | |||||
Trade debtors turnover (days) | 83.1 | 40.0 | 76.4 | ||
Net working capital % | 9.1 % | 34.6 % | 13.4 % | ||
Credit risk | |||||
Credit rating | BB | BBB | BBB | BBB | BBB |
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