FIBACH A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About FIBACH A/S
FIBACH A/S (CVR number: 20683635) is a company from AARHUS. The company recorded a gross profit of 3773.5 kDKK in 2023. The operating profit was -464.9 kDKK, while net earnings were -2332.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.3 %, which can be considered weak but Return on Equity (ROE) was -17.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 24.5 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. FIBACH A/S's liquidity measured by quick ratio was 0.7 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 5 524.88 | ||||
Gross profit | 4 214.22 | 4 121.39 | 4 811.64 | 4 187.98 | 3 773.49 |
EBIT | 922.55 | 583.00 | 215.88 | 2 941.98 | - 464.93 |
Net earnings | -5 544.04 | -17 299.36 | -1 374.84 | 707.80 | -2 332.61 |
Shareholders equity total | 34 364.50 | 15 882.44 | 14 507.60 | 15 215.39 | 11 539.29 |
Balance sheet total (assets) | 119 178.78 | 98 597.06 | 51 275.16 | 55 237.10 | 47 906.26 |
Net debt | 66 061.71 | 68 119.14 | 23 772.07 | 28 718.51 | 27 379.03 |
Profitability | |||||
EBIT-% | 16.7 % | ||||
ROA | -2.4 % | -13.3 % | 0.6 % | 6.1 % | 0.3 % |
ROE | -14.9 % | -68.9 % | -9.0 % | 4.8 % | -17.4 % |
ROI | -2.5 % | -13.9 % | 0.6 % | 6.5 % | 0.3 % |
Economic value added (EVA) | 52.37 | -2 369.03 | -2 756.41 | 796.66 | -1 749.44 |
Solvency | |||||
Equity ratio | 28.8 % | 16.3 % | 28.8 % | 28.0 % | 24.5 % |
Gearing | 209.1 % | 436.7 % | 198.6 % | 209.6 % | 263.2 % |
Relative net indebtedness % | 1316.5 % | ||||
Liquidity | |||||
Quick ratio | 0.8 | 0.3 | 0.9 | 0.9 | 0.7 |
Current ratio | 0.8 | 0.4 | 0.9 | 0.9 | 0.7 |
Cash and cash equivalents | 5 793.59 | 1 235.38 | 5 032.92 | 3 168.93 | 2 988.38 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 75.9 | ||||
Net working capital % | -65.7 % | ||||
Credit risk | |||||
Credit rating | A | BBB | A | AA | A |
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