Fagkurser ApS — Credit Rating and Financial Key Figures

CVR number: 40318607
Fynsgade 9, 7400 Herning
hb@fagkurser.dk
tel: 53651316
www.fagkurser.dk

Company information

Official name
Fagkurser ApS
Personnel
1 person
Established
2019
Company form
Private limited company
Industry

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 financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales3 819.192 141.892 877.963 163.552 325.10
Gross profit1 487.27834.641 244.381 316.561 548.91
EBIT685.4625.96370.51658.92801.00
Net earnings492.60-22.37287.40512.62622.73
Shareholders equity total1 792.601 770.231 857.632 370.251 240.08
Balance sheet total (assets)2 815.252 499.392 041.802 608.501 732.16
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 %
ROA24.3 %1.0 %16.3 %28.3 %36.9 %
ROE27.5 %-1.3 %15.8 %24.2 %34.5 %
ROI38.2 %1.5 %20.4 %31.2 %44.4 %
Economic value added (EVA)493.71-21.40262.79481.03523.50
Solvency
Equity ratio63.7 %70.8 %91.0 %90.9 %71.6 %
Gearing
Relative net indebtedness %-9.1 %-45.5 %-35.4 %-3.7 %-6.4 %
Liquidity
Quick ratio3.76.97.28.62.8
Current ratio3.76.97.28.62.8
Cash and cash equivalents999.901 248.771 200.98355.93640.98
Capital use efficiency
Trade debtors turnover (days)47.444.04.61.48.3
Net working capital %32.5 %62.7 %38.8 %57.3 %37.4 %
Credit risk
Credit ratingABBBBBBBBBA

Variable visualization

ROA:36.9%
Rating: 87/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:71.6%
Rating: 54/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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