Finans 247 Holding A/S — Credit Rating and Financial Key Figures

CVR number: 38616706
Vester Voldgade 83, 1552 København V

Credit rating

Company information

Official name
Finans 247 Holding A/S
Personnel
1 person
Established
2017
Company form
Limited company
Industry
  • Expand more icon64Financial service activities, except insurance and pension funding

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2018
2019
2020
2021
2022
Volume
Net sales
Gross profit22 257.00108 329.0077 180.0051 668.00-4 397.00
EBIT14 626.0030 471.0028 403.0016 660.00-37 075.00
Net earnings12 981.008 565.004 741.00-7 660.00-60 425.00
Shareholders equity total13 871.0027 632.0032 523.0038 315.00-19 515.00
Balance sheet total (assets)132 180.00203 780.00245 908.00233 781.00187 338.00
Net debt164 455.00183 190.00
Profitability
EBIT-%
ROA16.3 %18.1 %12.6 %7.1 %-16.5 %
ROE179.5 %41.3 %15.8 %-21.4 %-314.3 %
ROI16.5 %18.1 %12.6 %5.7 %-10.0 %
Economic value added (EVA)14 776.8029 773.9827 014.4920 069.05-39 472.65
Solvency
Equity ratio100.0 %100.0 %100.0 %70.2 %-103.0 %
Gearing441.5 %-941.0 %
Relative net indebtedness %
Liquidity
Quick ratio9.019.8
Current ratio9.019.8
Cash and cash equivalents4 712.00453.00
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBB

Variable visualization

ROA:-16.5%
Rating: 3/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-103.0%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Companies in the same industry

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