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 -30.3 kDKK in 2023. The operating profit was -287.3 kDKK, while net earnings were 33.4 mDKK. The profitability of the company measured by Return on Assets (ROA) was 13.5 %, which can be considered good but Return on Equity (ROE) was 15.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 80.1 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. FINANCIERINGSAKTIESELSKABET AF 17/10 1972's liquidity measured by quick ratio was 2.3 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 financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -11.87 | 30.86 | 68.78 | 10.48 | -30.32 |
EBIT | - 186.34 | - 169.32 | -95.25 | - 172.72 | - 287.29 |
Net earnings | 6 590.25 | 76 136.55 | -14 614.19 | -6 480.06 | 33 429.83 |
Shareholders equity total | 238 491.53 | 310 128.08 | 291 013.89 | 281 533.83 | 153 963.66 |
Balance sheet total (assets) | 293 935.31 | 387 444.15 | 398 809.16 | 340 359.00 | 192 107.39 |
Net debt | 43 770.13 | 43 823.62 | 59 199.50 | 42 826.39 | -25 633.10 |
Profitability | |||||
EBIT-% | |||||
ROA | 2.7 % | 29.0 % | 1.8 % | 2.4 % | 13.5 % |
ROE | 2.8 % | 27.8 % | -4.9 % | -2.3 % | 15.4 % |
ROI | 2.7 % | 29.9 % | 1.9 % | 2.6 % | 13.9 % |
Economic value added (EVA) | -12 265.80 | -11 971.48 | -15 382.20 | -13 765.53 | -15 011.07 |
Solvency | |||||
Equity ratio | 81.1 % | 80.0 % | 73.0 % | 82.7 % | 80.1 % |
Gearing | 23.2 % | 18.8 % | 30.4 % | 15.2 % | 24.7 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.3 | 0.2 | 0.3 | 0.0 | 2.3 |
Current ratio | 0.3 | 0.2 | 0.3 | 0.0 | 2.3 |
Cash and cash equivalents | 11 489.61 | 14 535.21 | 29 135.19 | 63 735.36 | |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | AA | A | A | A | AA |
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