FU II ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About FU II ApS
FU II ApS (CVR number: 25570561K) is a company from ASSENS. The company reported a net sales of 2296.3 mDKK in 2019, demonstrating a decline of -1.1 % compared to the previous year. The operating profit percentage was at 0.9 % (EBIT: 20.3 mDKK), while net earnings were -32.4 mDKK. The profitability of the company measured by Return on Assets (ROA) was 4.9 %, which can be considered decent but Return on Equity (ROE) was -1766.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 1 %, 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. FU II ApS's liquidity measured by quick ratio was 0.8 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 financials2018 | 2019 | |
---|---|---|
Volume | ||
Net sales | 2 321 233.00 | 2 296 254.00 |
Gross profit | 184 895.00 | 169 645.00 |
EBIT | 32 387.00 | 20 276.00 |
Net earnings | -46 579.00 | -32 447.00 |
Shareholders equity total | 8 242.00 | 5 200.00 |
Balance sheet total (assets) | 637 548.00 | 534 024.00 |
Net debt | 298 211.00 | 307 130.00 |
Profitability | ||
EBIT-% | 1.4 % | 0.9 % |
ROA | 5.4 % | 4.9 % |
ROE | -1994.0 % | -1766.3 % |
ROI | 10.6 % | 8.3 % |
Economic value added (EVA) | 22 994.77 | 13 213.48 |
Solvency | ||
Equity ratio | 6.2 % | 1.0 % |
Gearing | 3749.8 % | 6329.6 % |
Relative net indebtedness % | 29.9 % | 21.8 % |
Liquidity | ||
Quick ratio | 0.7 | 0.8 |
Current ratio | 0.8 | 0.9 |
Cash and cash equivalents | 10 849.00 | 22 007.00 |
Capital use efficiency | ||
Trade debtors turnover (days) | 53.3 | 48.0 |
Net working capital % | -4.4 % | -1.7 % |
Credit risk | ||
Credit rating | BBB | BBB |
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