Finns Bed & Breakfast ApS — Credit Rating and Financial Key Figures

CVR number: 40259198
Østre Strandvej 63, 9990 Skagen

Credit rating

Company information

Official name
Finns Bed & Breakfast ApS
Established
2019
Company form
Private limited company
Industry
  • Expand more icon55Accommodation

About Finns Bed & Breakfast ApS

Finns Bed & Breakfast ApS (CVR number: 40259198) is a company from FREDERIKSHAVN. The company reported a net sales of 0.3 mDKK in 2023, demonstrating a growth of 0.7 % compared to the previous year. The operating profit percentage was poor at -12.1 % (EBIT: -0 mDKK), while net earnings were -37.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was -12.2 %, which can be considered poor and Return on Equity (ROE) was -122.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 6.1 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. Finns Bed & Breakfast ApS's liquidity measured by quick ratio was 0.4 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales264.25274.68324.66287.00288.96
Gross profit49.1321.1634.0113.95-2.29
EBIT45.9811.721.39-18.67-34.91
Net earnings35.869.140.07-20.94-37.39
Shareholders equity total60.8670.0070.0749.1311.74
Balance sheet total (assets)63.48180.11300.27378.22193.61
Net debt-50.90- 123.47- 169.80- 225.39-73.40
Profitability
EBIT-%17.4 %4.3 %0.4 %-6.5 %-12.1 %
ROA72.4 %9.6 %0.6 %-5.5 %-12.2 %
ROE58.9 %14.0 %0.1 %-35.1 %-122.9 %
ROI75.6 %17.9 %2.0 %-31.3 %-114.7 %
Economic value added (EVA)35.878.644.07-13.66-26.05
Solvency
Equity ratio95.9 %38.9 %23.3 %13.0 %6.1 %
Gearing
Relative net indebtedness %-18.3 %-4.9 %18.6 %36.1 %37.5 %
Liquidity
Quick ratio19.51.10.70.70.4
Current ratio19.51.10.70.70.4
Cash and cash equivalents50.90123.47169.80225.3973.40
Capital use efficiency
Trade debtors turnover (days)
Net working capital %18.3 %5.8 %-18.6 %-36.1 %-37.5 %
Credit risk
Credit ratingBBBBBBBBBBB

Variable visualization

ROA:-12.2%
Rating: 8/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:6.06%
Rating: 6/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

Companies in the same industry

Build time: 2025-02-10T13:59:06.377Z

Try the full version of our system for free
Bankruptcy risk visualization example

... and more!

No registration needed.