FE fundinfo Nordics A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About FE fundinfo Nordics A/S
FE fundinfo Nordics A/S (CVR number: 25859448) is a company from KØBENHAVN. The company reported a net sales of 25.1 mDKK in 2023, demonstrating a growth of 48.3 % compared to the previous year. The operating profit percentage was at 18.5 % (EBIT: 4.6 mDKK), while net earnings were 3729.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 9.6 %, which can be considered good but Return on Equity (ROE) was 40 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 22.3 %, 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. FE fundinfo Nordics A/S's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 21 017.87 | 22 036.37 | 24 476.74 | 16 918.69 | 25 088.49 |
Gross profit | 14 063.91 | 18 079.57 | 19 848.58 | 12 812.21 | 21 818.78 |
EBIT | 10.26 | 930.31 | -1 774.73 | -2 154.20 | 4 643.99 |
Net earnings | 450.82 | 2 005.18 | 1 543.14 | -1 335.64 | 3 729.48 |
Shareholders equity total | 22 594.84 | 22 636.01 | 8 799.70 | 7 464.06 | 11 193.55 |
Balance sheet total (assets) | 38 249.90 | 38 041.12 | 24 610.90 | 47 489.71 | 50 225.48 |
Net debt | 9 910.85 | 5 415.19 | 4 705.51 | 32 101.14 | 27 121.51 |
Profitability | |||||
EBIT-% | 0.0 % | 4.2 % | -7.3 % | -12.7 % | 18.5 % |
ROA | 3.7 % | 6.2 % | -2.0 % | -5.3 % | 9.6 % |
ROE | 2.0 % | 8.9 % | 9.8 % | -16.4 % | 40.0 % |
ROI | 4.3 % | 7.6 % | -2.8 % | -6.7 % | 10.9 % |
Economic value added (EVA) | 529.26 | 1 982.61 | -89.44 | -1 013.59 | 5 357.50 |
Solvency | |||||
Equity ratio | 59.1 % | 59.5 % | 35.8 % | 15.7 % | 22.3 % |
Gearing | 43.9 % | 28.9 % | 71.9 % | 466.0 % | 283.9 % |
Relative net indebtedness % | 74.4 % | 64.8 % | 58.0 % | 220.7 % | 137.0 % |
Liquidity | |||||
Quick ratio | 0.4 | 0.7 | 0.9 | 0.4 | 0.6 |
Current ratio | 0.4 | 0.7 | 0.9 | 0.4 | 0.6 |
Cash and cash equivalents | 14.39 | 1 125.28 | 1 625.11 | 2 683.01 | 4 661.25 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 29.7 | 32.7 | 13.3 | 77.9 | 120.1 |
Net working capital % | -26.0 % | -12.4 % | -5.7 % | -123.2 % | -51.4 % |
Credit risk | |||||
Credit rating | AA | AAA | A | A | AA |
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