Fittech Invest ApS — Credit Rating and Financial Key Figures

CVR number: 40448322
Søvej 30, 8870 Langå
allan@wimdac.dk
tel: 20114787

Credit rating

Company information

Official name
Fittech Invest ApS
Established
2019
Company form
Private limited company
Industry

About Fittech Invest ApS

Fittech Invest ApS (CVR number: 40448322) is a company from RANDERS. The company recorded a gross profit of -5.8 kDKK in 2023. The operating profit was -5.8 kDKK, while net earnings were -264.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was -0.1 %, which can be considered poor and Return on Equity (ROE) was -6.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -11.8 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Fittech Invest ApS's liquidity measured by quick ratio was 0 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit-5.00-5.00-5.00-5.75-5.75
EBIT-5.00-5.00-5.00-5.75-5.75
Net earnings-73.43-87.03-88.73-92.13- 264.43
Shareholders equity total-13.43- 100.46- 189.19- 281.31- 545.75
Balance sheet total (assets)4 109.934 104.134 103.274 102.564 086.08
Net debt4 008.434 095.464 179.194 265.564 540.75
Profitability
EBIT-%
ROA-0.1 %-0.1 %-0.1 %-0.1 %-0.1 %
ROE-1.8 %-2.1 %-2.2 %-2.2 %-6.5 %
ROI-0.1 %-0.1 %-0.1 %-0.1 %-0.1 %
Economic value added (EVA)-5.00-4.75206.28209.95214.54
Solvency
Equity ratio-0.3 %-2.4 %-4.4 %-6.4 %-11.8 %
Gearing-30660.8 %-4180.4 %-2263.6 %-1552.8 %-847.8 %
Relative net indebtedness %
Liquidity
Quick ratio22.00.00.00.00.0
Current ratio22.00.00.00.00.0
Cash and cash equivalents109.93104.13103.27102.5686.08
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:-0.13%
Rating: 20/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-11.8%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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