Finans af 24-11-2020 ApS — Credit Rating and Financial Key Figures

CVR number: 89886112
Sejerøvej 8, 4500 Nykøbing Sj
je@centrumrevision.dk
tel: 59930903

Company information

Official name
Finans af 24-11-2020 ApS
Personnel
3 persons
Established
1981
Company form
Private limited company
Industry

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales320.5026.80
Gross profit191.9322.47-5.94-0.99-1.19
EBIT3.5422.47-5.94-0.99-1.19
Net earnings0.9819.82-9.12-3.68-3.69
Shareholders equity total34.7354.5545.4341.7638.06
Balance sheet total (assets)192.02250.00211.99151.9792.32
Net debt147.51154.4179.57-16.75-13.06
Profitability
EBIT-%1.1 %83.8 %
ROA1.1 %10.2 %-2.6 %-0.5 %-1.0 %
ROE2.9 %44.4 %-18.2 %-8.4 %-9.2 %
ROI1.6 %11.2 %-2.8 %-0.5 %-1.0 %
Economic value added (EVA)4.4921.22-8.741.103.09
Solvency
Equity ratio18.1 %21.8 %21.4 %27.5 %41.2 %
Gearing452.9 %283.0 %366.6 %264.0 %142.5 %
Relative net indebtedness %46.0 %729.3 %
Liquidity
Quick ratio1.21.31.31.41.7
Current ratio1.21.31.31.41.7
Cash and cash equivalents9.7886.99126.9767.32
Capital use efficiency
Trade debtors turnover (days)18.83 404.9
Net working capital %10.8 %207.8 %
Credit risk
Credit ratingBBBBBBBBBB

Variable visualization

ROA:-0.97%
Rating: 19/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:41.2%
Rating: 34/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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