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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 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | 2 980.54 | 3 385.62 | 3 027.81 | 3 279.10 | 3 298.56 |
| Gross profit | 82.35 | 77.55 | 22.95 | 25.47 | 28.48 |
| EBIT | 27.27 | 20.73 | 22.95 | 25.47 | 28.48 |
| Net earnings | 11.19 | 10.84 | 14.15 | 16.32 | -29.53 |
| Shareholders equity total | 299.82 | 310.66 | 324.81 | 341.13 | 311.61 |
| Balance sheet total (assets) | 1 298.91 | 858.64 | 860.84 | 887.73 | 4 924.64 |
| 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 % |
| ROA | 1.5 % | 1.9 % | 2.8 % | 3.9 % | 1.9 % |
| ROE | 3.8 % | 3.6 % | 4.5 % | 4.9 % | -9.0 % |
| ROI | 3.3 % | 2.5 % | 2.8 % | 3.9 % | 2.3 % |
| Economic value added (EVA) | 4.34 | -0.24 | 0.18 | 1.88 | 9.30 |
| Solvency | |||||
| Equity ratio | 36.1 % | 36.2 % | 37.7 % | 38.4 % | 8.0 % |
| Gearing | 8.9 % | 13.9 % | 9.9 % | 12.3 % | 993.6 % |
| Relative net indebtedness % | 22.4 % | 5.6 % | 5.8 % | 4.8 % | 5.7 % |
| Liquidity | |||||
| Quick ratio | 25.3 | 7.5 | 10.0 | 8.3 | 1.4 |
| Current ratio | 1.6 | 7.5 | 10.0 | 8.3 | 1.1 |
| Cash and cash equivalents | 331.40 | 357.46 | 360.70 | 387.73 | 4 424.64 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | 10.1 % | 9.2 % | 10.7 % | 10.4 % | 9.4 % |
| Credit risk | |||||
| Credit rating | BBB | BBB | BBB | BBB | BBB |
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