Faaborg Flytteforretning ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Faaborg Flytteforretning ApS
Faaborg Flytteforretning ApS (CVR number: 43366726) is a company from FAABORG-MIDTFYN. The company recorded a gross profit of 1716.2 kDKK in 2023. The operating profit was -31.8 kDKK, while net earnings were -53.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -1.3 %, which can be considered poor and Return on Equity (ROE) was -9.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 26 %, 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. Faaborg Flytteforretning ApS'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 financials2022 | 2023 | |
---|---|---|
Volume | ||
Net sales | ||
Gross profit | 1 987.73 | 1 716.24 |
EBIT | 4.51 | -31.79 |
Net earnings | 12.80 | -53.85 |
Shareholders equity total | 569.34 | 515.49 |
Balance sheet total (assets) | 2 007.20 | 1 981.49 |
Net debt | 272.99 | 234.98 |
Profitability | ||
EBIT-% | ||
ROA | 3.2 % | -1.3 % |
ROE | 2.2 % | -9.9 % |
ROI | 5.4 % | -2.3 % |
Economic value added (EVA) | 3.32 | -51.96 |
Solvency | ||
Equity ratio | 28.4 % | 26.0 % |
Gearing | 49.8 % | 46.6 % |
Relative net indebtedness % | ||
Liquidity | ||
Quick ratio | 0.6 | 0.6 |
Current ratio | 0.6 | 0.6 |
Cash and cash equivalents | 10.26 | 5.10 |
Capital use efficiency | ||
Trade debtors turnover (days) | ||
Net working capital % | ||
Credit risk | ||
Credit rating | BBB | BBB |
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