FYNS AUTO ApS — Credit Rating and Financial Key Figures

CVR number: 31367646
Industrivej 2, Hjallese 5260 Odense S
fynsauto@hotmail.com
tel: 66145525

Credit rating

Company information

Official name
FYNS AUTO ApS
Personnel
3 persons
Established
2008
Domicile
Hjallese
Company form
Private limited company
Industry

About FYNS AUTO ApS

FYNS AUTO ApS (CVR number: 31367646) is a company from ODENSE. The company recorded a gross profit of 1255.2 kDKK in 2023. The operating profit was 296.1 kDKK, while net earnings were 137.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 12.5 %, which can be considered good but Return on Equity (ROE) was 32.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 18.3 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. FYNS AUTO 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 profit1 275.941 238.681 198.951 321.111 255.22
EBIT256.24185.91234.53288.89296.07
Net earnings163.50117.06154.51169.30137.67
Shareholders equity total224.38291.44355.94410.84430.72
Balance sheet total (assets)1 078.901 345.732 162.152 398.102 351.21
Net debt372.44593.571 355.521 367.941 237.49
Profitability
EBIT-%
ROA29.8 %15.5 %15.3 %12.7 %12.5 %
ROE114.6 %45.4 %47.7 %44.2 %32.7 %
ROI64.0 %25.1 %20.3 %16.2 %16.8 %
Economic value added (EVA)192.32133.75172.99163.64163.34
Solvency
Equity ratio20.8 %21.7 %16.5 %17.1 %18.3 %
Gearing166.0 %203.7 %382.4 %334.3 %288.0 %
Relative net indebtedness %
Liquidity
Quick ratio0.20.20.40.30.3
Current ratio1.01.11.11.11.2
Cash and cash equivalents0.005.705.603.16
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:12.5%
Rating: 62/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:18.3%
Rating: 18/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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