Fjerritslev Autoteknik ApS — Credit Rating and Financial Key Figures

CVR number: 38699563
Fabriksvej 1, 9690 Fjerritslev

Credit rating

Company information

Official name
Fjerritslev Autoteknik ApS
Personnel
6 persons
Established
2017
Company form
Private limited company
Industry
  • Expand more icon45Wholesale and retail trade and repair of motor vehicles and motorcycles

About Fjerritslev Autoteknik ApS

Fjerritslev Autoteknik ApS (CVR number: 38699563) is a company from JAMMERBUGT. The company recorded a gross profit of 2119.8 kDKK in 2023. The operating profit was 233.9 kDKK, while net earnings were 131.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 13.1 %, which can be considered good but Return on Equity (ROE) was 54 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 15.5 %, 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. Fjerritslev Autoteknik ApS's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20192020202120222023
Volume
Net sales
Gross profit1 992.851 865.992 064.532 067.702 119.78
EBIT265.19145.69248.52- 185.78233.93
Net earnings182.6084.67168.81- 177.03131.81
Shareholders equity total411.67411.33495.14178.12309.93
Balance sheet total (assets)1 493.191 751.261 954.981 753.521 997.68
Net debt132.29285.801.80457.69793.29
Profitability
EBIT-%
ROA17.5 %9.4 %13.5 %-9.0 %13.1 %
ROE50.3 %20.6 %37.2 %-52.6 %54.0 %
ROI40.3 %21.0 %30.9 %-21.7 %25.6 %
Economic value added (EVA)191.1393.78171.70- 160.11172.90
Solvency
Equity ratio27.6 %23.5 %25.3 %10.2 %15.5 %
Gearing42.0 %89.2 %52.1 %316.7 %273.3 %
Relative net indebtedness %
Liquidity
Quick ratio0.50.60.60.50.6
Current ratio1.21.11.11.01.0
Cash and cash equivalents40.5181.14255.99106.3453.66
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:13.1%
Rating: 63/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:15.5%
Rating: 15/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

Companies in the same industry

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