Fagkurser ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Fagkurser ApS
Fagkurser ApS (CVR number: 40318607) is a company from HERNING. The company reported a net sales of 2.3 mDKK in 2023, demonstrating a decline of -26.5 % compared to the previous year. The operating profit percentage was at 34.5 % (EBIT: 0.8 mDKK), while net earnings were 622.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 36.9 %, which can be considered excellent and Return on Equity (ROE) was 34.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 71.6 %, 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. Fagkurser ApS's liquidity measured by quick ratio was 2.8 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 financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 3 819.19 | 2 141.89 | 2 877.96 | 3 163.55 | 2 325.10 |
Gross profit | 1 487.27 | 834.64 | 1 244.38 | 1 316.56 | 1 548.91 |
EBIT | 685.46 | 25.96 | 370.51 | 658.92 | 801.00 |
Net earnings | 492.60 | -22.37 | 287.40 | 512.62 | 622.73 |
Shareholders equity total | 1 792.60 | 1 770.23 | 1 857.63 | 2 370.25 | 1 240.08 |
Balance sheet total (assets) | 2 815.25 | 2 499.39 | 2 041.80 | 2 608.50 | 1 732.16 |
Net debt | - 999.90 | -1 248.77 | -1 200.98 | - 355.93 | - 640.98 |
Profitability | |||||
EBIT-% | 17.9 % | 1.2 % | 12.9 % | 20.8 % | 34.5 % |
ROA | 24.3 % | 1.0 % | 16.3 % | 28.3 % | 36.9 % |
ROE | 27.5 % | -1.3 % | 15.8 % | 24.2 % | 34.5 % |
ROI | 38.2 % | 1.5 % | 20.4 % | 31.2 % | 44.4 % |
Economic value added (EVA) | 493.71 | -21.40 | 262.79 | 481.03 | 523.50 |
Solvency | |||||
Equity ratio | 63.7 % | 70.8 % | 91.0 % | 90.9 % | 71.6 % |
Gearing | |||||
Relative net indebtedness % | -9.1 % | -45.5 % | -35.4 % | -3.7 % | -6.4 % |
Liquidity | |||||
Quick ratio | 3.7 | 6.9 | 7.2 | 8.6 | 2.8 |
Current ratio | 3.7 | 6.9 | 7.2 | 8.6 | 2.8 |
Cash and cash equivalents | 999.90 | 1 248.77 | 1 200.98 | 355.93 | 640.98 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 47.4 | 44.0 | 4.6 | 1.4 | 8.3 |
Net working capital % | 32.5 % | 62.7 % | 38.8 % | 57.3 % | 37.4 % |
Credit risk | |||||
Credit rating | A | BBB | BBB | BBB | A |
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