Fa.te ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Fa.te ApS
Fa.te ApS (CVR number: 40723498) is a company from KØBENHAVN. The company recorded a gross profit of -19.6 kDKK in 2024. The operating profit was -19.6 kDKK, while net earnings were -155.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.1 %, which can be considered weak but Return on Equity (ROE) was -6.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -2 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Fa.te ApS's liquidity measured by quick ratio was 1.1 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 | -7.69 | 18.11 | 14.16 | -8.03 | -19.63 |
EBIT | -7.69 | 18.11 | 14.16 | -8.03 | -19.63 |
Net earnings | -7.95 | 13.74 | 9.66 | 5.95 | - 155.85 |
Shareholders equity total | 32.05 | 45.80 | 55.46 | 61.41 | -94.43 |
Balance sheet total (assets) | 43.80 | 50.05 | 68.64 | 3 408.01 | 4 691.89 |
Net debt | -43.80 | -50.05 | -68.64 | -43.38 | -22.17 |
Profitability | |||||
EBIT-% | |||||
ROA | -17.6 % | 38.6 % | 23.9 % | 3.7 % | 2.1 % |
ROE | -24.8 % | 35.3 % | 19.1 % | 10.2 % | -6.6 % |
ROI | -24.0 % | 46.5 % | 28.0 % | 110.9 % | 281.4 % |
Economic value added (EVA) | -7.69 | 14.00 | 8.23 | -9.05 | -22.72 |
Solvency | |||||
Equity ratio | 73.2 % | 91.5 % | 80.8 % | 1.8 % | -2.0 % |
Gearing | |||||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 3.7 | 11.8 | 5.2 | 1.0 | 1.1 |
Current ratio | 3.7 | 11.8 | 5.2 | 1.0 | 1.1 |
Cash and cash equivalents | 43.80 | 50.05 | 68.64 | 43.38 | 22.17 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | BB | BB | BB |
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