Credit rating
Company information
About Facebook Denmark ApS
Facebook Denmark ApS (CVR number: 39174499K) is a company from KØBENHAVN. The company reported a net sales of 97.4 mDKK in 2023, demonstrating a growth of 11.3 % compared to the previous year. The operating profit percentage was at 26.3 % (EBIT: 25.6 mDKK), while net earnings were 19.6 mDKK. The profitability of the company measured by Return on Assets (ROA) was 6.4 %, which can be considered decent but Return on Equity (ROE) was 17.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 29.8 %, 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. Facebook Denmark ApS's liquidity measured by quick ratio was 1.4 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 51.61 | 69.38 | 80.84 | 87.54 | 97.41 |
Gross profit | 51.58 | 67.72 | 78.87 | 87.39 | 97.41 |
EBIT | 18.04 | 29.19 | 24.79 | 29.13 | 25.59 |
Net earnings | 13.20 | 17.24 | 19.19 | 21.68 | 19.63 |
Shareholders equity total | 26.53 | 46.77 | 70.07 | 98.12 | 126.40 |
Balance sheet total (assets) | 292.99 | 398.62 | 488.87 | 463.38 | 423.95 |
Net debt | 10.80 | -2.48 | -33.95 | -45.41 | -4.67 |
Profitability | |||||
EBIT-% | 35.0 % | 42.1 % | 30.7 % | 33.3 % | 26.3 % |
ROA | 7.6 % | 9.9 % | 6.9 % | 6.4 % | 6.4 % |
ROE | 68.9 % | 47.0 % | 32.9 % | 25.8 % | 17.5 % |
ROI | 36.6 % | 49.5 % | 38.7 % | 35.1 % | 25.0 % |
Economic value added (EVA) | 14.91 | 21.43 | 17.97 | 19.62 | 15.57 |
Solvency | |||||
Equity ratio | 9.1 % | 11.7 % | 14.3 % | 21.2 % | 29.8 % |
Gearing | 104.7 % | 73.7 % | 3.0 % | 0.9 % | 0.7 % |
Relative net indebtedness % | 482.2 % | 453.9 % | 473.5 % | 364.3 % | 299.8 % |
Liquidity | |||||
Quick ratio | 1.1 | 1.1 | 1.2 | 1.3 | 1.4 |
Current ratio | 1.1 | 1.1 | 1.2 | 1.3 | 1.4 |
Cash and cash equivalents | 16.99 | 36.96 | 36.03 | 46.33 | 5.49 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 1 951.0 | 1 897.5 | 2 038.8 | 1 733.5 | 1 561.7 |
Net working capital % | 52.6 % | 69.0 % | 88.6 % | 110.9 % | 128.2 % |
Credit risk | |||||
Credit rating | B | BB | BB | BB | B |
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