FINNERUP A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 6 395.36 | 7 982.89 | 5 312.78 | 5 810.53 | 5 889.53 |
EBIT | 2 167.57 | 2 562.34 | - 530.27 | -1 863.60 | -2 193.07 |
Net earnings | 1 666.38 | 1 907.46 | - 547.02 | -2 127.48 | -1 861.37 |
Shareholders equity total | 7 248.80 | 9 156.27 | 6 109.25 | 3 981.76 | 17 120.40 |
Balance sheet total (assets) | 12 597.73 | 16 112.65 | 25 345.60 | 27 725.64 | 25 348.96 |
Net debt | -1 354.09 | 3 966.41 | 14 693.90 | 19 889.96 | 4 199.42 |
Profitability | |||||
EBIT-% | |||||
ROA | 16.0 % | 18.4 % | -2.5 % | -6.7 % | -7.8 % |
ROE | 21.6 % | 23.3 % | -7.2 % | -42.2 % | -17.6 % |
ROI | 19.5 % | 22.0 % | -2.7 % | -7.0 % | -8.2 % |
Economic value added (EVA) | 1 698.48 | 1 822.00 | - 999.54 | -1 869.07 | -2 010.90 |
Solvency | |||||
Equity ratio | 57.5 % | 56.8 % | 24.1 % | 14.4 % | 67.5 % |
Gearing | 33.5 % | 43.4 % | 242.7 % | 501.9 % | 24.6 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.1 | 1.9 | 0.2 | 0.3 | 1.2 |
Current ratio | 1.7 | 2.9 | 1.2 | 0.9 | 3.8 |
Cash and cash equivalents | 3 780.74 | 7.78 | 131.67 | 94.65 | 20.37 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | A | BBB | BBB | BBB |
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