Fynbo Marine A/S — Credit Rating and Financial Key Figures

CVR number: 39389754
Porthusvej 119, 5700 Svendborg
post@fynbomarine.dk
tel: 62207070
www.fynbomarine.dk

Credit rating

Company information

Official name
Fynbo Marine A/S
Personnel
5 persons
Established
2018
Company form
Limited company
Industry

About Fynbo Marine A/S

Fynbo Marine A/S (CVR number: 39389754) is a company from SVENDBORG. The company recorded a gross profit of 2228.8 kDKK in 2024. The operating profit was 618.1 kDKK, while net earnings were 273.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 9.1 %, which can be considered good but Return on Equity (ROE) was 15.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 27.6 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Fynbo Marine A/S'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 (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit2 700.953 506.832 621.932 200.872 228.79
EBIT1 032.511 502.23547.57411.14618.06
Net earnings713.301 085.83230.8999.27273.68
Shareholders equity total1 171.612 257.451 488.341 587.611 861.29
Balance sheet total (assets)5 814.526 741.047 063.296 835.946 743.40
Net debt3 402.542 901.344 854.674 804.064 362.26
Profitability
EBIT-%
ROA21.5 %23.9 %7.9 %5.9 %9.1 %
ROE87.5 %63.3 %12.3 %6.5 %15.9 %
ROI25.3 %27.3 %8.7 %6.4 %9.7 %
Economic value added (EVA)787.611 115.47334.27193.26401.26
Solvency
Equity ratio20.1 %33.5 %21.1 %23.2 %27.6 %
Gearing297.4 %171.0 %326.2 %302.6 %234.4 %
Relative net indebtedness %
Liquidity
Quick ratio0.20.40.10.10.1
Current ratio1.11.41.21.21.3
Cash and cash equivalents81.97959.05
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:9.11%
Rating: 55/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:27.6%
Rating: 25/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chairman of the board

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