Finans 247 Holding A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About Finans 247 Holding A/S
Finans 247 Holding A/S (CVR number: 38616706K) is a company from KØBENHAVN. The company recorded a gross profit of -4397 kDKK in 2022. The operating profit was -37.1 mDKK, while net earnings were -60.4 mDKK. The profitability of the company measured by Return on Assets (ROA) was -16.5 %, which can be considered poor and Return on Equity (ROE) was -314.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -103 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Finans 247 Holding A/S's liquidity measured by quick ratio was 19.8 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2018 | 2019 | 2020 | 2021 | 2022 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 22 257.00 | 108 329.00 | 77 180.00 | 51 668.00 | -4 397.00 |
EBIT | 14 626.00 | 30 471.00 | 28 403.00 | 16 660.00 | -37 075.00 |
Net earnings | 12 981.00 | 8 565.00 | 4 741.00 | -7 660.00 | -60 425.00 |
Shareholders equity total | 13 871.00 | 27 632.00 | 32 523.00 | 38 315.00 | -19 515.00 |
Balance sheet total (assets) | 132 180.00 | 203 780.00 | 245 908.00 | 233 781.00 | 187 338.00 |
Net debt | 164 455.00 | 183 190.00 | |||
Profitability | |||||
EBIT-% | |||||
ROA | 16.3 % | 18.1 % | 12.6 % | 7.1 % | -16.5 % |
ROE | 179.5 % | 41.3 % | 15.8 % | -21.4 % | -314.3 % |
ROI | 16.5 % | 18.1 % | 12.6 % | 5.7 % | -10.0 % |
Economic value added (EVA) | 14 776.80 | 29 773.98 | 27 014.49 | 20 069.05 | -39 472.65 |
Solvency | |||||
Equity ratio | 100.0 % | 100.0 % | 100.0 % | 70.2 % | -103.0 % |
Gearing | 441.5 % | -941.0 % | |||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 9.0 | 19.8 | |||
Current ratio | 9.0 | 19.8 | |||
Cash and cash equivalents | 4 712.00 | 453.00 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BB |
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