FGSO WEST AFRICA A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsGross profit (kUSD)
EBIT (kUSD)
Profitability
Solidity
Key figures (kUSD)
See financials2017 | 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 earnings | 21 582.00 | 6 806.54 | 1 134.00 | - 471.21 | 8.93 |
Shareholders equity total | 49 418.00 | 56 224.47 | 8 358.47 | 7 887.26 | 396.19 |
Balance sheet total (assets) | 49 503.00 | 56 398.82 | 8 520.88 | 7 915.16 | 401.26 |
Net debt | 79.00 | 173.83 | 161.98 | 24.46 | 0.21 |
Profitability | |||||
EBIT-% | |||||
ROA | 56.1 % | 26.2 % | 40.6 % | 7.0 % | -0.0 % |
ROE | 55.9 % | 12.9 % | 3.5 % | -5.8 % | 0.2 % |
ROI | 56.1 % | 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 ratio | 99.8 % | 99.7 % | 98.1 % | 99.6 % | 98.7 % |
Gearing | 0.2 % | 0.3 % | 1.9 % | 0.3 % | 0.1 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 462.0 | 284.7 | 47.1 | 270.7 | 7.3 |
Current ratio | 462.0 | 284.7 | 47.1 | 270.7 | 7.3 |
Cash and cash equivalents | |||||
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | A | A | BBB | BBB |
Variable visualization
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