FURBO ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About FURBO ApS
FURBO ApS (CVR number: 35403884) is a company from SKIVE. The company recorded a gross profit of 209.9 kDKK in 2023. The operating profit was -37 kDKK, while net earnings were -40.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -9.1 %, which can be considered poor and Return on Equity (ROE) was -34.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 26.3 %, 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. FURBO ApS's liquidity measured by quick ratio was 0.5 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 | |||||
Gross profit | 195.29 | 504.52 | 414.15 | 245.88 | 209.94 |
EBIT | 35.54 | 204.99 | 35.18 | - 113.54 | -37.01 |
Net earnings | 39.48 | 160.43 | 22.23 | - 114.40 | -40.59 |
Shareholders equity total | 71.11 | 231.54 | 253.77 | 139.36 | 98.77 |
Balance sheet total (assets) | 425.66 | 759.89 | 601.43 | 408.28 | 375.70 |
Net debt | - 106.88 | - 472.73 | - 289.07 | -62.66 | -87.79 |
Profitability | |||||
EBIT-% | |||||
ROA | 13.1 % | 36.6 % | 5.2 % | -22.5 % | -9.1 % |
ROE | 76.8 % | 106.0 % | 9.2 % | -58.2 % | -34.1 % |
ROI | 47.6 % | 121.7 % | 14.4 % | -54.3 % | -25.5 % |
Economic value added (EVA) | 34.33 | 163.44 | 39.30 | - 111.76 | -39.64 |
Solvency | |||||
Equity ratio | 16.7 % | 31.9 % | 42.2 % | 34.1 % | 26.3 % |
Gearing | 70.7 % | 1.4 % | 0.1 % | 17.4 % | 17.3 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.6 | 1.1 | 0.9 | 0.5 | 0.5 |
Current ratio | 1.2 | 1.4 | 1.7 | 1.5 | 1.4 |
Cash and cash equivalents | 157.18 | 475.92 | 289.27 | 86.94 | 104.84 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BBB | BBB | BBB | BBB |
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