FYNS FLYTTEFORRETNING ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About FYNS FLYTTEFORRETNING ApS
FYNS FLYTTEFORRETNING ApS (CVR number: 26045452) is a company from ODENSE. The company recorded a gross profit of 2066.3 kDKK in 2023. The operating profit was -37.4 kDKK, while net earnings were -70.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -3.5 %, which can be considered poor and Return on Equity (ROE) was -8.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -22.8 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. FYNS FLYTTEFORRETNING ApS's liquidity measured by quick ratio was 0.7 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 | 1 049.37 | 1 343.12 | 1 485.73 | 1 801.38 | 2 066.33 |
EBIT | 70.68 | 83.45 | -6.36 | 160.55 | -37.43 |
Net earnings | 45.04 | 4.79 | -28.85 | 91.26 | -70.17 |
Shareholders equity total | - 715.95 | - 261.17 | - 280.02 | - 188.75 | - 258.92 |
Balance sheet total (assets) | 470.19 | 921.33 | 704.11 | 748.46 | 879.17 |
Net debt | 336.20 | - 224.71 | -63.25 | - 253.39 | - 144.80 |
Profitability | |||||
EBIT-% | |||||
ROA | 6.4 % | 7.2 % | -0.4 % | 16.8 % | -3.5 % |
ROE | 10.3 % | 0.7 % | -3.5 % | 12.6 % | -8.6 % |
ROI | 13.1 % | 31.4 % | -6.4 % | 272.6 % | |
Economic value added (EVA) | 91.74 | 104.20 | 21.47 | 146.09 | -10.05 |
Solvency | |||||
Equity ratio | -35.7 % | -22.1 % | -28.5 % | -20.1 % | -22.8 % |
Gearing | -71.9 % | -9.5 % | -42.3 % | ||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.6 | 0.7 | 0.6 | 0.7 | 0.7 |
Current ratio | 0.6 | 0.7 | 0.6 | 0.7 | 0.7 |
Cash and cash equivalents | 178.65 | 249.64 | 181.78 | 253.39 | 144.80 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | BB | BBB | BB |
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