Fiig Finance ApS — Credit Rating and Financial Key Figures

CVR number: 39072076
Bøgevej 7, 5800 Nyborg
fiig.nyborg@gmail.com
tel: 29160129

Credit rating

Company information

Official name
Fiig Finance ApS
Personnel
1 person
Established
2017
Company form
Private limited company
Industry

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 financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales598.001 093.801 318.24
Gross profit569.051 008.011 059.571 055.47734.61
EBIT-69.18423.19454.91416.76- 229.28
Net earnings-70.13343.64358.94342.18-3.20
Shareholders equity total54.30377.94666.88799.05795.86
Balance sheet total (assets)275.27654.291 081.911 143.231 030.17
Net debt38.80- 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)-77.49340.72328.23278.35- 269.43
Solvency
Equity ratio19.7 %57.8 %61.6 %69.9 %77.3 %
Gearing71.5 %1.9 %2.5 %
Relative net indebtedness %37.0 %-17.0 %-29.7 %
Liquidity
Quick ratio1.22.42.63.34.4
Current ratio1.22.42.63.34.4
Cash and cash equivalents462.44805.92965.59750.96
Capital use efficiency
Trade debtors turnover (days)83.140.076.4
Net working capital %9.1 %34.6 %13.4 %
Credit risk
Credit ratingBBBBBBBBBBBBBB

Variable visualization

ROA:0.51%
Rating: 23/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:77.3%
Rating: 58/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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