GLOBAL FUR FINANCE A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About GLOBAL FUR FINANCE A/S
GLOBAL FUR FINANCE A/S (CVR number: 40939717) is a company from GLOSTRUP. The company recorded a gross profit of 694.5 kDKK in 2018, demonstrating a growth of 0 % compared to the previous year. The operating profit was 694.5 kDKK, while net earnings were 256.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.9 %, which can be considered decent but Return on Equity (ROE) was 3 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 99.7 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. GLOBAL FUR FINANCE A/S's liquidity measured by quick ratio was 349.8 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2016 | 2017 | 2018 | |
---|---|---|---|
Volume | |||
Net sales | 1 888.00 | 609.00 | |
Gross profit | 597.00 | - 426.00 | 694.47 |
EBIT | 597.00 | - 426.00 | 694.47 |
Net earnings | 360.00 | - 338.00 | 256.14 |
Shareholders equity total | 8 809.00 | 8 471.00 | 8 727.54 |
Balance sheet total (assets) | 37 112.00 | 14 785.00 | 8 752.54 |
Net debt | 28 253.00 | 6 170.00 | |
Profitability | |||
EBIT-% | 31.6 % | -70.0 % | |
ROA | 1.7 % | -0.2 % | 5.9 % |
ROE | 4.1 % | -3.9 % | 3.0 % |
ROI | 1.7 % | -0.2 % | 5.9 % |
Economic value added (EVA) | 491.81 | - 772.90 | 116.02 |
Solvency | |||
Equity ratio | 23.7 % | 57.3 % | 99.7 % |
Gearing | 320.7 % | 72.8 % | |
Relative net indebtedness % | 1499.1 % | 1036.8 % | |
Liquidity | |||
Quick ratio | 1.3 | 2.3 | 349.8 |
Current ratio | 1.3 | 2.3 | 349.8 |
Cash and cash equivalents | |||
Capital use efficiency | |||
Trade debtors turnover (days) | 2 968.9 | 6 463.9 | |
Net working capital % | 466.2 % | 1389.8 % | |
Credit risk | |||
Credit rating | BBB | BBB | BBB |
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