Flying Friday ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Flying Friday ApS
Flying Friday ApS (CVR number: 37050032) is a company from FREDERIKSBERG. The company recorded a gross profit of -17.5 kDKK in 2023. The operating profit was -17.5 kDKK, while net earnings were -14.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -22 %, which can be considered poor and Return on Equity (ROE) was -29.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 63.1 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. Flying Friday ApS's liquidity measured by quick ratio was 2.7 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 | - 654.88 | 42.72 | 1.70 | -10.13 | -17.50 |
EBIT | - 993.87 | 42.72 | 1.70 | -10.13 | -17.50 |
Net earnings | - 985.95 | 54.05 | 340.81 | -10.25 | -14.56 |
Shareholders equity total | 72.72 | 126.77 | 467.58 | 57.33 | 42.77 |
Balance sheet total (assets) | 363.70 | 139.47 | 472.58 | 64.83 | 67.77 |
Net debt | 279.19 | -0.83 | -13.89 | -13.78 | -6.28 |
Profitability | |||||
EBIT-% | |||||
ROA | -185.4 % | 21.3 % | 2.8 % | -3.8 % | -22.0 % |
ROE | -852.2 % | 54.2 % | 114.7 % | -3.9 % | -29.1 % |
ROI | -258.3 % | 22.4 % | 2.9 % | -3.9 % | -27.1 % |
Economic value added (EVA) | - 977.78 | 45.37 | -5.12 | -32.93 | -19.69 |
Solvency | |||||
Equity ratio | 20.0 % | 90.9 % | 98.9 % | 88.4 % | 63.1 % |
Gearing | 383.9 % | 17.5 % | |||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.2 | 11.0 | 94.5 | 8.6 | 2.7 |
Current ratio | 1.2 | 11.0 | 94.5 | 8.6 | 2.7 |
Cash and cash equivalents | 0.83 | 13.89 | 13.78 | 13.78 | |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | B | BB | BB | B | B |
Variable visualization
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