FAVN ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About FAVN ApS
FAVN ApS (CVR number: 40100113) is a company from SVENDBORG. The company recorded a gross profit of 667.5 kDKK in 2023. The operating profit was -262.4 kDKK, while net earnings were -272.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was -49.5 %, which can be considered poor and Return on Equity (ROE) was -89.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -30.9 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. FAVN ApS's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 523.18 | 661.68 | 733.71 | 1 404.96 | 667.47 |
EBIT | - 110.23 | 266.10 | 249.42 | 182.67 | - 262.40 |
Net earnings | - 109.19 | 227.87 | 191.19 | 139.76 | - 272.38 |
Shareholders equity total | 5.90 | 233.77 | 320.96 | 360.72 | - 111.66 |
Balance sheet total (assets) | 222.28 | 403.49 | 537.45 | 698.06 | 249.49 |
Net debt | - 147.18 | - 231.72 | - 306.80 | - 229.23 | 166.35 |
Profitability | |||||
EBIT-% | |||||
ROA | -52.1 % | 85.0 % | 53.0 % | 29.6 % | -49.5 % |
ROE | -180.5 % | 190.2 % | 68.9 % | 41.0 % | -89.3 % |
ROI | -180.0 % | 222.1 % | 88.2 % | 52.7 % | -96.5 % |
Economic value added (EVA) | -96.95 | 236.61 | 193.20 | 141.00 | - 269.01 |
Solvency | |||||
Equity ratio | 2.6 % | 57.9 % | 59.7 % | 51.7 % | -30.9 % |
Gearing | -164.2 % | ||||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.0 | 2.4 | 2.6 | 2.1 | 0.7 |
Current ratio | 1.0 | 2.4 | 2.6 | 2.1 | 0.7 |
Cash and cash equivalents | 147.18 | 231.72 | 306.80 | 229.23 | 16.99 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | BB | BBB | BB |
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