FF-FINANS ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About FF-FINANS ApS
FF-FINANS ApS (CVR number: 36931612) is a company from ESBJERG. The company recorded a gross profit of -12.9 kDKK in 2023. The operating profit was -132.9 kDKK, while net earnings were -69 kDKK. The profitability of the company measured by Return on Assets (ROA) was -9 %, which can be considered poor and Return on Equity (ROE) was -9.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 97.9 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. FF-FINANS ApS's liquidity measured by quick ratio was 48.3 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 (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -24.10 | -29.99 | -16.19 | -11.07 | -12.86 |
EBIT | - 124.10 | - 129.99 | - 136.19 | - 131.07 | - 132.86 |
Net earnings | -64.49 | -33.53 | -45.30 | - 263.00 | -69.02 |
Shareholders equity total | 1 619.67 | 1 086.14 | 1 040.85 | 777.84 | 708.82 |
Balance sheet total (assets) | 1 634.67 | 1 193.14 | 1 248.44 | 816.78 | 723.82 |
Net debt | - 734.67 | -1 193.14 | -1 248.44 | - 816.78 | - 723.82 |
Profitability | |||||
EBIT-% | |||||
ROA | -1.5 % | -2.3 % | -3.6 % | -12.7 % | -9.0 % |
ROE | -3.8 % | -2.5 % | -4.3 % | -28.9 % | -9.3 % |
ROI | -1.5 % | -2.4 % | -4.1 % | -14.4 % | -9.3 % |
Economic value added (EVA) | - 164.99 | - 174.46 | - 130.81 | - 120.64 | - 130.90 |
Solvency | |||||
Equity ratio | 99.1 % | 91.0 % | 83.4 % | 95.2 % | 97.9 % |
Gearing | |||||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 109.0 | 11.2 | 6.0 | 21.0 | 48.3 |
Current ratio | 109.0 | 11.2 | 6.0 | 21.0 | 48.3 |
Cash and cash equivalents | 734.67 | 1 193.14 | 1 248.44 | 816.78 | 723.82 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | BB | BB | BB |
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