FFV RENOVATION A/S

CVR number: 26498961
Korsvangen 6 A, 5750 Ringe
ffv@ffv.dk
tel: 62611666

Credit rating

Company information

Official name
FFV RENOVATION A/S
Personnel
60 persons
Established
2002
Company form
Limited company
Industry
  • Expand more icon38Waste collection, treatment and disposal activities; materials recovery

About FFV RENOVATION A/S

FFV RENOVATION A/S (CVR number: 26498961) is a company from FAABORG-MIDTFYN. The company reported a net sales of 78 mDKK in 2023, demonstrating a growth of 5.9 % compared to the previous year. The operating profit percentage was at 1.5 % (EBIT: 1.2 mDKK), while net earnings were 0 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1 %, which can be considered weak and Return on Equity (ROE) was 0 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 12.8 %, 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. FFV RENOVATION A/S's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.

Financial information

See financials

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
20192020202120222023
Volume
Net sales55.9357.8868.0473.7078.04
Gross profit8.394.989.716.549.82
EBIT1.03-0.720.690.641.16
Net earnings
Shareholders equity total14.7214.7214.7214.7214.72
Balance sheet total (assets)35.3777.2183.69117.32115.16
Net debt52.2453.97
Profitability
EBIT-%1.8 %-1.3 %1.0 %0.9 %1.5 %
ROA2.9 %-1.3 %0.9 %0.6 %1.0 %
ROE
ROI3.1 %-1.3 %0.9 %0.7 %1.1 %
Economic value added (EVA)0.96-1.46-0.05-0.28-0.99
Solvency
Equity ratio100.0 %100.0 %100.0 %12.5 %12.8 %
Gearing354.8 %400.5 %
Relative net indebtedness %138.5 %121.2 %
Liquidity
Quick ratio0.30.6
Current ratio0.30.6
Cash and cash equivalents4.99
Capital use efficiency
Trade debtors turnover (days)6.84.6
Net working capital %-21.8 %-11.3 %
Credit risk
Credit ratingBBBBBBBBBBBB

Variable visualization

ROA:1.02%
Rating: 25/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:12.8%
Rating: 13/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board
Board member

Companies in the same industry

Build time: 2024-10-21T13:51:39.669Z

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