FETAI ApS — Credit Rating and Financial Key Figures

CVR number: 32772315
Amagerbrogade 7, 2300 København S
rimini10@outlook.dk
tel: 52932923

Credit rating

Company information

Official name
FETAI ApS
Personnel
8 persons
Established
2010
Company form
Private limited company
Industry

About FETAI ApS

FETAI ApS (CVR number: 32772315) is a company from KØBENHAVN. The company recorded a gross profit of 2097.8 kDKK in 2023. The operating profit was 872.8 kDKK, while net earnings were 638.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 72.3 %, which can be considered excellent and Return on Equity (ROE) was 78.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 30.6 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. FETAI ApS's liquidity measured by quick ratio was 0.3 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit-0.97507.022 316.542 470.792 097.83
EBIT-0.97- 415.4162.78183.88872.77
Net earnings-0.97- 415.5552.87322.10638.66
Shareholders equity total- 217.74- 633.29- 580.41-67.54316.12
Balance sheet total (assets)0.22890.151 942.761 314.761 034.01
Net debt217.96170.91-10.68127.70- 149.21
Profitability
EBIT-%
ROA-0.4 %-47.7 %3.1 %9.4 %72.3 %
ROE-260.9 %-93.3 %3.7 %19.8 %78.3 %
ROI-0.4 %-187.3 %19.7 %50.2 %260.9 %
Economic value added (EVA)9.94- 404.4797.35180.95673.51
Solvency
Equity ratio-99.9 %-41.6 %-23.0 %-4.9 %30.6 %
Gearing-100.1 %-35.6 %-70.9 %-474.0 %10.5 %
Relative net indebtedness %
Liquidity
Quick ratio0.00.00.20.10.3
Current ratio0.00.10.20.20.3
Cash and cash equivalents54.62422.48192.40182.31
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBB

Variable visualization

ROA:72.3%
Rating: 100/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:30.6%
Rating: 27/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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