FS FINANS III A/S — Credit Rating and Financial Key Figures

CVR number: 32321577
Sankt Annæ Plads 13, 1250 København K
mail@fs.dk
tel: 70278747

Company information

Official name
FS FINANS III A/S
Established
2011
Company form
Limited company
Industry

About FS FINANS III A/S

FS FINANS III A/S (CVR number: 32321577) is a company from KØBENHAVN. The company recorded a gross profit of 0 kDKK in 2023. The operating profit was -59.9 mDKK, while net earnings were 68 kDKK. The profitability of the company measured by Return on Assets (ROA) was -0.5 %, which can be considered poor but Return on Equity (ROE) was 12.1 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 0 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. FS FINANS III A/S's liquidity measured by quick ratio was 91.6 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit225 222.00
EBIT- 110 101.00-4 697.00-53 934.00-16 826.00-59 945.00
Net earnings50.0050.0050.0054.0068.00
Shareholders equity total550.00550.00550.00554.00568.00
Balance sheet total (assets)1 896 873.001 877 058.001 875 286.001 871 577.001 925 622.00
Net debt-4 736.00-4 198.00-4 253.00-5 095.00-67.00
Profitability
EBIT-%
ROA-6.7 %-0.1 %-3.9 %-1.0 %-0.5 %
ROE9.1 %9.1 %9.1 %9.8 %12.1 %
ROI-5.7 %-0.4 %-1.8 %-0.8 %0.0 %
Economic value added (EVA)- 109 725.23-4 484.09-53 750.69-16 639.92-59 716.81
Solvency
Equity ratio0.0 %0.0 %0.0 %0.0 %0.0 %
Gearing9.3 %
Relative net indebtedness %
Liquidity
Quick ratio82.177.9112.6101.691.6
Current ratio82.177.9112.6101.691.6
Cash and cash equivalents4 787.004 198.004 253.005 095.0067.00
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBB

Variable visualization

ROA:-0.48%
Rating: 20/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:0.03%
Rating: 1/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member
Board member

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