FINDELING FINANCIERING A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About FINDELING FINANCIERING A/S
FINDELING FINANCIERING A/S (CVR number: 66893316) is a company from TØNDER. The company recorded a gross profit of -15.5 kDKK in 2023. The operating profit was -22.9 kDKK, while net earnings were 401 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6.6 %, which can be considered decent and Return on Equity (ROE) was 6.7 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 97.4 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. FINDELING FINANCIERING A/S's liquidity measured by quick ratio was 21.6 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 | -51.42 | - 225.72 | -91.28 | -81.72 | -15.53 |
EBIT | -51.42 | - 225.72 | -91.28 | -81.72 | -22.88 |
Net earnings | -1 932.82 | 196.16 | -32.22 | - 205.74 | 400.97 |
Shareholders equity total | 5 938.02 | 6 134.18 | 6 045.46 | 5 782.52 | 6 124.59 |
Balance sheet total (assets) | 19 728.52 | 6 165.80 | 6 059.58 | 5 882.32 | 6 288.48 |
Net debt | 6 503.11 | -3 737.36 | -3 639.20 | -3 401.72 | -2 988.30 |
Profitability | |||||
EBIT-% | |||||
ROA | -13.5 % | 2.2 % | 0.4 % | -0.1 % | 6.6 % |
ROE | -28.0 % | 3.2 % | -0.5 % | -3.5 % | 6.7 % |
ROI | 5.9 % | 2.9 % | 0.4 % | -0.1 % | 6.7 % |
Economic value added (EVA) | 126.60 | 651.98 | - 122.12 | - 140.91 | -77.15 |
Solvency | |||||
Equity ratio | 30.1 % | 99.5 % | 99.8 % | 98.3 % | 97.4 % |
Gearing | 124.2 % | 1.4 % | 2.1 % | ||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.1 | 119.3 | 264.5 | 35.6 | 21.6 |
Current ratio | 0.1 | 119.3 | 264.5 | 35.6 | 21.6 |
Cash and cash equivalents | 869.81 | 3 737.36 | 3 639.20 | 3 483.02 | 3 115.69 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | A | A | A | AA |
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