Finematter ApS — Credit Rating and Financial Key Figures

CVR number: 41482648
Værnedamsvej 12 A, 1619 København V

Credit rating

Company information

Official name
Finematter ApS
Personnel
1 person
Established
2020
Company form
Private limited company
Industry
  • Expand more icon46Wholesale trade, except of motor vehicles and motorcycles

About Finematter ApS

Finematter ApS (CVR number: 41482648) is a company from KØBENHAVN. The company recorded a gross profit of -126.5 kEUR in 2023. The operating profit was -516.6 kEUR, while net earnings were -537.9 kEUR. The profitability of the company measured by Return on Assets (ROA) was -32.3 %, which can be considered poor and Return on Equity (ROE) was -77.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 15.4 %, 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. Finematter ApS's liquidity measured by quick ratio was 0.1 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

Gross profit (kEUR)

EBIT (kEUR)

Profitability

Solidity

Key figures (kEUR)

See financials
2020
2021
2022
2023
Volume
Net sales
Gross profit-11.25- 234.41- 747.19- 126.48
EBIT- 384.01-1 076.22-1 231.35- 516.61
Net earnings- 290.00-1 176.73-1 295.59- 537.91
Shareholders equity total1 032.35- 144.38-1 422.7875.26
Balance sheet total (assets)1 592.211 680.20900.87863.88
Net debt- 710.81742.742 063.39658.87
Profitability
EBIT-%
ROA-24.1 %-63.0 %-58.8 %-32.3 %
ROE-28.1 %-51.9 %-53.8 %-77.7 %
ROI-25.0 %-65.7 %-64.2 %-36.8 %
Economic value added (EVA)- 286.68-1 072.02-1 116.70- 380.66
Solvency
Equity ratio64.9 %30.4 %10.7 %15.4 %
Gearing48.6 %-1205.9 %-145.0 %875.4 %
Relative net indebtedness %
Liquidity
Quick ratio23.217.40.1
Current ratio22.913.50.1
Cash and cash equivalents1 212.23998.25
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBB

Variable visualization

ROA:-32.3%
Rating: 0/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:15.4%
Rating: 15/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member

Companies in the same industry

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