GLOBAL FUR FINANCE A/S — Credit Rating and Financial Key Figures

CVR number: 40939717
Langagervej 60-70, 2600 Glostrup

Credit rating

Company information

Official name
GLOBAL FUR FINANCE A/S
Established
1972
Company form
Limited company
Industry
  • Expand more icon46Wholesale trade, except of motor vehicles and motorcycles

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2016
2017
2018
Volume
Net sales1 888.00609.00
Gross profit597.00- 426.00694.47
EBIT597.00- 426.00694.47
Net earnings360.00- 338.00256.14
Shareholders equity total8 809.008 471.008 727.54
Balance sheet total (assets)37 112.0014 785.008 752.54
Net debt28 253.006 170.00
Profitability
EBIT-%31.6 %-70.0 %
ROA1.7 %-0.2 %5.9 %
ROE4.1 %-3.9 %3.0 %
ROI1.7 %-0.2 %5.9 %
Economic value added (EVA)491.81- 772.90116.02
Solvency
Equity ratio23.7 %57.3 %99.7 %
Gearing320.7 %72.8 %
Relative net indebtedness %1499.1 %1036.8 %
Liquidity
Quick ratio1.32.3349.8
Current ratio1.32.3349.8
Cash and cash equivalents
Capital use efficiency
Trade debtors turnover (days)2 968.96 463.9
Net working capital %466.2 %1389.8 %
Credit risk
Credit ratingBBBBBBBBB

Variable visualization

ROA:5.90%
Rating: 45/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:99.7%
Rating: 96/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Companies in the same industry

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