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FINANCIERINGSAKTIESELSKABET AF 17/10 1972 — Credit Rating and Financial Key Figures
Credit rating
Company information
About FINANCIERINGSAKTIESELSKABET AF 17/10 1972
FINANCIERINGSAKTIESELSKABET AF 17/10 1972 (CVR number: 37528412) is a company from KØBENHAVN. The company recorded a gross profit of -151.9 kDKK in 2024. The operating profit was -492.2 kDKK, while net earnings were 4503.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.2 %, which can be considered decent and Return on Equity (ROE) was 4.2 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 61 %, 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. FINANCIERINGSAKTIESELSKABET AF 17/10 1972's liquidity measured by quick ratio was 2.9 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | 30.86 | 68.78 | 10.48 | -30.32 | - 151.87 |
| EBIT | - 169.32 | -95.25 | - 172.72 | - 287.29 | - 492.21 |
| Net earnings | 76 136.55 | -14 614.19 | -6 480.06 | 33 429.83 | 4 503.26 |
| Shareholders equity total | 310 128.08 | 291 013.89 | 281 533.83 | 153 963.66 | 58 466.92 |
| Balance sheet total (assets) | 387 444.15 | 398 809.16 | 340 359.00 | 192 107.39 | 95 793.85 |
| Net debt | 43 823.62 | 59 199.50 | 42 826.39 | -25 633.10 | -48 345.40 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 29.0 % | 1.8 % | 2.4 % | 13.5 % | 4.2 % |
| ROE | 27.8 % | -4.9 % | -2.3 % | 15.4 % | 4.2 % |
| ROI | 29.9 % | 1.9 % | 2.6 % | 13.9 % | 4.2 % |
| Economic value added (EVA) | -14 892.22 | -18 611.71 | -19 234.99 | -16 583.96 | -10 034.78 |
| Solvency | |||||
| Equity ratio | 80.0 % | 73.0 % | 82.7 % | 80.1 % | 61.0 % |
| Gearing | 18.8 % | 30.4 % | 15.2 % | 24.7 % | 61.8 % |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 0.2 | 0.3 | 0.0 | 2.3 | 2.9 |
| Current ratio | 0.2 | 0.3 | 0.0 | 2.3 | 2.9 |
| Cash and cash equivalents | 14 535.21 | 29 135.19 | 63 735.36 | 84 492.27 | |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | A | BBB | BBB | A | A |
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