FINANSGÅRDEN ODENSE ApS — Credit Rating and Financial Key Figures

CVR number: 18687577
Tønnesvej 23, Søhus 5270 Odense N

Company information

Official name
FINANSGÅRDEN ODENSE ApS
Established
1995
Domicile
Søhus
Company form
Private limited company
Industry

About FINANSGÅRDEN ODENSE ApS

FINANSGÅRDEN ODENSE ApS (CVR number: 18687577) is a company from ODENSE. The company reported a net sales of 0.8 mDKK in 2023, demonstrating a growth of 22.2 % compared to the previous year. The operating profit percentage was at 100 % (EBIT: 0.8 mDKK), while net earnings were 601.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.4 %, which can be considered decent and Return on Equity (ROE) was 5.2 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 81 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. FINANSGÅRDEN ODENSE 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

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales551.78540.26546.98663.85811.02
Gross profit551.78540.26546.98663.85811.02
EBIT551.78540.26546.98663.85811.02
Net earnings426.47714.73399.77525.89601.69
Shareholders equity total10 438.8110 878.559 288.3211 207.2911 808.98
Balance sheet total (assets)13 113.1313 027.4111 029.0615 265.3814 621.41
Net debt417.4825.3364.561 261.46647.29
Profitability
EBIT-%100.0 %100.0 %100.0 %100.0 %100.0 %
ROA5.0 %4.1 %4.5 %5.0 %5.4 %
ROE4.8 %6.7 %4.0 %5.1 %5.2 %
ROI5.0 %4.2 %4.6 %5.1 %5.5 %
Economic value added (EVA)69.13205.01- 132.6585.03131.55
Solvency
Equity ratio79.6 %83.5 %84.2 %73.6 %81.0 %
Gearing4.1 %0.4 %0.9 %17.1 %5.6 %
Relative net indebtedness %113.5 %72.8 %75.0 %260.6 %142.4 %
Liquidity
Quick ratio0.30.10.10.30.0
Current ratio0.30.10.10.30.0
Cash and cash equivalents6.3215.7017.36653.539.56
Capital use efficiency
Trade debtors turnover (days)
Net working capital %-59.4 %-36.0 %-35.5 %-216.7 %-104.9 %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:5.43%
Rating: 44/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:81.0%
Rating: 60/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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