FGSO WEST AFRICA A/S — Credit Rating and Financial Key Figures

CVR number: 33051468
Esplanaden 50, 1263 København K
tel: 33633363

Credit rating

Company information

Official name
FGSO WEST AFRICA A/S
Established
2010
Company form
Limited company
Industry

About FGSO WEST AFRICA A/S

FGSO WEST AFRICA A/S (CVR number: 33051468) is a company from KØBENHAVN. The company recorded a gross profit of -9.5 kUSD in 2021. The operating profit was -9.5 kUSD, while net earnings were 8.9 kUSD. The profitability of the company measured by Return on Assets (ROA) was -0 %, which can be considered poor but Return on Equity (ROE) was 0.2 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 98.7 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. FGSO WEST AFRICA A/S's liquidity measured by quick ratio was 7.3 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 (kUSD)

EBIT (kUSD)

Profitability

Solidity

Key figures (kUSD)

See financials
2017
2018
2019
2020
2021
Volume
Net sales
Gross profit-6.00-6.44-5.64-6.75-9.48
EBIT-6.00-6.44-5.64-6.75-9.48
Net earnings21 582.006 806.541 134.00- 471.218.93
Shareholders equity total49 418.0056 224.478 358.477 887.26396.19
Balance sheet total (assets)49 503.0056 398.828 520.887 915.16401.26
Net debt79.00173.83161.9824.460.21
Profitability
EBIT-%
ROA56.1 %26.2 %40.6 %7.0 %-0.0 %
ROE55.9 %12.9 %3.5 %-5.8 %0.2 %
ROI56.1 %13.1 %4.2 %-5.3 %-0.0 %
Economic value added (EVA)- 889.06-1 975.93-2 491.22- 383.28- 387.53
Solvency
Equity ratio99.8 %99.7 %98.1 %99.6 %98.7 %
Gearing0.2 %0.3 %1.9 %0.3 %0.1 %
Relative net indebtedness %
Liquidity
Quick ratio462.0284.747.1270.77.3
Current ratio462.0284.747.1270.77.3
Cash and cash equivalents
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAABBBBBB

Variable visualization

ROA:-0.02%
Rating: 20/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:98.7%
Rating: 81/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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