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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
Free credit report Annual report

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 2024, demonstrating a growth of 0.6 % compared to the previous year. The operating profit percentage was at 0.9 % (EBIT: 0 mDKK), while net earnings were -29.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.9 %, which can be considered weak but Return on Equity (ROE) was -9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 8 %, 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. FYNS ALMENNYTTIGE BOLIGSELSKAB ERHVERV ApS's liquidity measured by quick ratio was 1.4 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.

Financial information

See financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales2 980.543 385.623 027.813 279.103 298.56
Gross profit82.3577.5522.9525.4728.48
EBIT27.2720.7322.9525.4728.48
Net earnings11.1910.8414.1516.32-29.53
Shareholders equity total299.82310.66324.81341.13311.61
Balance sheet total (assets)1 298.91858.64860.84887.734 924.64
Net debt- 304.72- 314.33- 328.63- 345.77-1 328.41
Profitability
EBIT-%0.9 %0.6 %0.8 %0.8 %0.9 %
ROA1.5 %1.9 %2.8 %3.9 %1.9 %
ROE3.8 %3.6 %4.5 %4.9 %-9.0 %
ROI3.3 %2.5 %2.8 %3.9 %2.3 %
Economic value added (EVA)4.34-0.240.181.889.30
Solvency
Equity ratio36.1 %36.2 %37.7 %38.4 %8.0 %
Gearing8.9 %13.9 %9.9 %12.3 %993.6 %
Relative net indebtedness %22.4 %5.6 %5.8 %4.8 %5.7 %
Liquidity
Quick ratio25.37.510.08.31.4
Current ratio1.67.510.08.31.1
Cash and cash equivalents331.40357.46360.70387.734 424.64
Capital use efficiency
Trade debtors turnover (days)
Net working capital %10.1 %9.2 %10.7 %10.4 %9.4 %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:1.90%
Rating: 30/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:7.97%
Rating: 8/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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