FUNDINGBOX NORDIC ApS — Credit Rating and Financial Key Figures

CVR number: 35820930
Forskerparken 10, 5230 Odense M
sanyu@fundingbox.com
tel: 50254449
www.fundingbox.com

Credit rating

Company information

Official name
FUNDINGBOX NORDIC ApS
Personnel
1 person
Established
2014
Company form
Private limited company
Industry

About FUNDINGBOX NORDIC ApS

FUNDINGBOX NORDIC ApS (CVR number: 35820930) is a company from ODENSE. The company recorded a gross profit of -27 kDKK in 2023. The operating profit was -27 kDKK, while net earnings were 981.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 71.6 %, which can be considered excellent and Return on Equity (ROE) was 383.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 11.5 %, 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. FUNDINGBOX NORDIC ApS's liquidity measured by quick ratio was 0.2 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit342.0932.3312.19-19.10-27.03
EBIT74.09- 249.2812.19-19.10-27.03
Net earnings86.22- 265.184.54287.06981.71
Shareholders equity total- 838.55-1 103.73-1 099.18- 812.13169.58
Balance sheet total (assets)359.8642.9049.32342.121 477.31
Net debt806.341 097.641 114.551 139.021 199.99
Profitability
EBIT-%
ROA6.6 %-21.3 %1.1 %20.0 %71.6 %
ROE18.1 %-131.7 %9.9 %146.7 %383.7 %
ROI11.4 %-25.2 %1.1 %20.0 %74.6 %
Economic value added (EVA)125.50- 205.2068.8243.3834.89
Solvency
Equity ratio-70.0 %-96.3 %-95.7 %-70.4 %11.5 %
Gearing-100.8 %-101.6 %-104.5 %-142.1 %708.9 %
Relative net indebtedness %
Liquidity
Quick ratio0.30.00.00.10.2
Current ratio0.30.00.00.10.2
Cash and cash equivalents38.5923.3233.9515.232.21
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBB

Variable visualization

ROA:71.6%
Rating: 100/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:11.5%
Rating: 11/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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