FYNS ALMENNYTTIGE BOLIGSELSKAB ERHVERV ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About FYNS ALMENNYTTIGE BOLIGSELSKAB ERHVERV ApS
FYNS ALMENNYTTIGE BOLIGSELSKAB ERHVERV ApS (CVR number: 26995566) is a company from ODENSE. The company reported a net sales of 3.3 mDKK in 2023, demonstrating a growth of 8.3 % compared to the previous year. The operating profit percentage was at 0.8 % (EBIT: 0 mDKK), while net earnings were 16.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.9 %, which can be considered weak but Return on Equity (ROE) was 4.9 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 38.4 %, 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. FYNS ALMENNYTTIGE BOLIGSELSKAB ERHVERV ApS's liquidity measured by quick ratio was 8.3 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 2 955.52 | 2 980.54 | 3 385.62 | 3 027.81 | 3 279.10 |
Gross profit | 80.57 | 82.35 | 77.55 | 22.95 | 25.47 |
EBIT | 14.21 | 27.27 | 20.73 | 22.95 | 25.47 |
Net earnings | 5.21 | 11.19 | 10.84 | 14.15 | 16.32 |
Shareholders equity total | 288.63 | 299.82 | 310.66 | 324.81 | 341.13 |
Balance sheet total (assets) | 2 254.96 | 1 298.91 | 858.64 | 860.84 | 887.73 |
Net debt | -1 174.70 | - 304.72 | - 314.33 | - 328.63 | - 345.77 |
Profitability | |||||
EBIT-% | 0.5 % | 0.9 % | 0.6 % | 0.8 % | 0.8 % |
ROA | 0.8 % | 1.5 % | 1.9 % | 2.8 % | 3.9 % |
ROE | 1.8 % | 3.8 % | 3.6 % | 4.5 % | 4.9 % |
ROI | 1.7 % | 3.3 % | 2.5 % | 2.8 % | 3.9 % |
Economic value added (EVA) | 16.59 | 68.25 | 17.76 | 20.31 | 21.62 |
Solvency | |||||
Equity ratio | 34.4 % | 36.1 % | 36.2 % | 37.7 % | 38.4 % |
Gearing | 16.8 % | 8.9 % | 13.9 % | 9.9 % | 12.3 % |
Relative net indebtedness % | 25.1 % | 22.4 % | 5.6 % | 5.8 % | 4.8 % |
Liquidity | |||||
Quick ratio | 35.1 | 25.3 | 7.5 | 10.0 | 8.3 |
Current ratio | 1.2 | 1.6 | 7.5 | 10.0 | 8.3 |
Cash and cash equivalents | 1 223.21 | 331.40 | 357.46 | 360.70 | 387.73 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | 9.8 % | 10.1 % | 9.2 % | 10.7 % | 10.4 % |
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BBB |
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