FYNS ALMENNYTTIGE BOLIGSELSKAB ERHVERV ApS — Credit Rating and Financial Key Figures

CVR number: 26995566
Vestre Stationsvej 5, 5000 Odense C
fab@fabbo.dk
tel: 63125600

Credit rating

Company information

Official name
FYNS ALMENNYTTIGE BOLIGSELSKAB ERHVERV ApS
Established
2004
Company form
Private limited company
Industry

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 financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales2 955.522 980.543 385.623 027.813 279.10
Gross profit80.5782.3577.5522.9525.47
EBIT14.2127.2720.7322.9525.47
Net earnings5.2111.1910.8414.1516.32
Shareholders equity total288.63299.82310.66324.81341.13
Balance sheet total (assets)2 254.961 298.91858.64860.84887.73
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 %
ROA0.8 %1.5 %1.9 %2.8 %3.9 %
ROE1.8 %3.8 %3.6 %4.5 %4.9 %
ROI1.7 %3.3 %2.5 %2.8 %3.9 %
Economic value added (EVA)16.5968.2517.7620.3121.62
Solvency
Equity ratio34.4 %36.1 %36.2 %37.7 %38.4 %
Gearing16.8 %8.9 %13.9 %9.9 %12.3 %
Relative net indebtedness %25.1 %22.4 %5.6 %5.8 %4.8 %
Liquidity
Quick ratio35.125.37.510.08.3
Current ratio1.21.67.510.08.3
Cash and cash equivalents1 223.21331.40357.46360.70387.73
Capital use efficiency
Trade debtors turnover (days)
Net working capital %9.8 %10.1 %9.2 %10.7 %10.4 %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:3.85%
Rating: 39/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:38.4%
Rating: 32/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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