FINNERUP A/S — Credit Rating and Financial Key Figures

CVR number: 57007028
Sophienlundsvej 3, 4300 Holbæk
finnerup@finnerup.dk
tel: 59439422

Credit rating

Company information

Official name
FINNERUP A/S
Personnel
15 persons
Established
1975
Company form
Limited company
Industry

About FINNERUP A/S

FINNERUP A/S (CVR number: 57007028) is a company from HOLBÆK. The company recorded a gross profit of 5889.5 kDKK in 2024. The operating profit was -2193.1 kDKK, while net earnings were -1861.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was -7.8 %, which can be considered poor and Return on Equity (ROE) was -17.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 67.5 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. FINNERUP A/S's liquidity measured by quick ratio was 1.2 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit6 395.367 982.895 312.785 810.535 889.53
EBIT2 167.572 562.34- 530.27-1 863.60-2 193.07
Net earnings1 666.381 907.46- 547.02-2 127.48-1 861.37
Shareholders equity total7 248.809 156.276 109.253 981.7617 120.40
Balance sheet total (assets)12 597.7316 112.6525 345.6027 725.6425 348.96
Net debt-1 354.093 966.4114 693.9019 889.964 199.42
Profitability
EBIT-%
ROA16.0 %18.4 %-2.5 %-6.7 %-7.8 %
ROE21.6 %23.3 %-7.2 %-42.2 %-17.6 %
ROI19.5 %22.0 %-2.7 %-7.0 %-8.2 %
Economic value added (EVA)1 698.481 822.00- 999.54-1 869.07-2 010.90
Solvency
Equity ratio57.5 %56.8 %24.1 %14.4 %67.5 %
Gearing33.5 %43.4 %242.7 %501.9 %24.6 %
Relative net indebtedness %
Liquidity
Quick ratio1.11.90.20.31.2
Current ratio1.72.91.20.93.8
Cash and cash equivalents3 780.747.78131.6794.6520.37
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAABBBBBBBBB

Variable visualization

ROA:-7.82%
Rating: 12/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:67.5%
Rating: 51/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

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