FULMA A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About FULMA A/S
FULMA A/S (CVR number: 10173477) is a company from AARHUS. The company recorded a gross profit of 151.1 kDKK in 2023. The operating profit was -247.6 kDKK, while net earnings were -221.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was -10.9 %, which can be considered poor and Return on Equity (ROE) was -21 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 44.3 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. FULMA 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | - 161.85 | - 141.06 | - 125.92 | -12.84 | 151.11 |
EBIT | - 620.76 | - 600.16 | - 616.79 | - 533.53 | - 247.61 |
Net earnings | - 189.96 | - 482.61 | - 475.63 | - 505.06 | - 221.26 |
Shareholders equity total | 625.99 | 143.38 | - 332.24 | 1 162.69 | 941.43 |
Balance sheet total (assets) | 1 105.27 | 662.77 | 2 470.92 | 2 403.61 | 2 125.83 |
Net debt | - 225.02 | -99.76 | 2 299.19 | 436.75 | 323.92 |
Profitability | |||||
EBIT-% | |||||
ROA | -52.2 % | -67.5 % | -35.6 % | -20.5 % | -10.9 % |
ROE | -26.3 % | -125.5 % | -36.4 % | -27.8 % | -21.0 % |
ROI | -85.3 % | -149.7 % | -47.8 % | -24.2 % | -13.4 % |
Economic value added (EVA) | - 453.51 | - 495.08 | - 444.57 | - 390.48 | - 230.96 |
Solvency | |||||
Equity ratio | 56.6 % | 21.6 % | -11.9 % | 48.4 % | 44.3 % |
Gearing | 19.4 % | -710.9 % | 65.0 % | 69.2 % | |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.6 | 0.8 | 0.3 | 0.7 | 0.6 |
Current ratio | 1.6 | 0.8 | 0.3 | 0.7 | 0.6 |
Cash and cash equivalents | 225.02 | 127.52 | 62.66 | 318.81 | 327.33 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | BB | BB | BB |
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