FMM ApS — Credit Rating and Financial Key Figures

CVR number: 34599203
Stenoddenvej 7, Tåsinge 5700 Svendborg
fmm@fmm.dk
tel: 24290580

Credit rating

Company information

Official name
FMM ApS
Personnel
2 persons
Established
2012
Domicile
Tåsinge
Company form
Private limited company
Industry

About FMM ApS

FMM ApS (CVR number: 34599203) is a company from SVENDBORG. The company recorded a gross profit of 1238.6 kDKK in 2023. The operating profit was 460.9 kDKK, while net earnings were 332.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 31.5 %, which can be considered excellent and Return on Equity (ROE) was 135.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 39.7 %, 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. FMM ApS's liquidity measured by quick ratio was 1.4 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.

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 profit948.571 419.741 154.39945.361 238.63
EBIT469.22790.13478.4928.89460.94
Net earnings345.27592.84354.64-0.98332.26
Shareholders equity total425.27672.84434.6479.02411.28
Balance sheet total (assets)1 145.041 367.69767.571 897.301 037.18
Net debt20.49- 127.56- 277.20564.28- 474.93
Profitability
EBIT-%
ROA34.5 %63.4 %45.1 %2.2 %31.5 %
ROE39.1 %108.0 %64.0 %-0.4 %135.5 %
ROI41.9 %89.2 %72.6 %5.0 %71.6 %
Economic value added (EVA)311.02617.03356.4720.97360.73
Solvency
Equity ratio37.1 %49.2 %56.6 %4.2 %39.7 %
Gearing109.9 %32.5 %850.0 %31.5 %
Relative net indebtedness %
Liquidity
Quick ratio1.21.41.61.01.4
Current ratio1.62.02.31.01.7
Cash and cash equivalents446.76346.08277.20107.34604.68
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBB

Variable visualization

ROA:31.5%
Rating: 84/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:39.7%
Rating: 33/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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