Finans af 24-11-2020 ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Finans af 24-11-2020 ApS
Finans af 24-11-2020 ApS (CVR number: 89886112) is a company from ODSHERRED. The company recorded a gross profit of -1.2 kDKK in 2023. The operating profit was -1.2 kDKK, while net earnings were -3.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was -1 %, which can be considered poor and Return on Equity (ROE) was -9.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 41.2 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. Finans af 24-11-2020 ApS's liquidity measured by quick ratio was 1.7 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 financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 320.50 | 26.80 | |||
Gross profit | 191.93 | 22.47 | -5.94 | -0.99 | -1.19 |
EBIT | 3.54 | 22.47 | -5.94 | -0.99 | -1.19 |
Net earnings | 0.98 | 19.82 | -9.12 | -3.68 | -3.69 |
Shareholders equity total | 34.73 | 54.55 | 45.43 | 41.76 | 38.06 |
Balance sheet total (assets) | 192.02 | 250.00 | 211.99 | 151.97 | 92.32 |
Net debt | 147.51 | 154.41 | 79.57 | -16.75 | -13.06 |
Profitability | |||||
EBIT-% | 1.1 % | 83.8 % | |||
ROA | 1.1 % | 10.2 % | -2.6 % | -0.5 % | -1.0 % |
ROE | 2.9 % | 44.4 % | -18.2 % | -8.4 % | -9.2 % |
ROI | 1.6 % | 11.2 % | -2.8 % | -0.5 % | -1.0 % |
Economic value added (EVA) | 4.49 | 21.22 | -8.74 | 1.10 | 3.09 |
Solvency | |||||
Equity ratio | 18.1 % | 21.8 % | 21.4 % | 27.5 % | 41.2 % |
Gearing | 452.9 % | 283.0 % | 366.6 % | 264.0 % | 142.5 % |
Relative net indebtedness % | 46.0 % | 729.3 % | |||
Liquidity | |||||
Quick ratio | 1.2 | 1.3 | 1.3 | 1.4 | 1.7 |
Current ratio | 1.2 | 1.3 | 1.3 | 1.4 | 1.7 |
Cash and cash equivalents | 9.78 | 86.99 | 126.97 | 67.32 | |
Capital use efficiency | |||||
Trade debtors turnover (days) | 18.8 | 3 404.9 | |||
Net working capital % | 10.8 % | 207.8 % | |||
Credit risk | |||||
Credit rating | BB | BB | BB | BB | BB |
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