FAURKILDE UDVIKLING ApS — Credit Rating and Financial Key Figures

CVR number: 35041885
Bjergstedvej 19, 4460 Snertinge

Credit rating

Company information

Official name
FAURKILDE UDVIKLING ApS
Established
2013
Company form
Private limited company
Industry

About FAURKILDE UDVIKLING ApS

FAURKILDE UDVIKLING ApS (CVR number: 35041885) is a company from KALUNDBORG. The company recorded a gross profit of 322.3 kDKK in 2023. The operating profit was 76.3 kDKK, while net earnings were 489.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 27.1 %, which can be considered excellent and Return on Equity (ROE) was 25.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 84.2 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. FAURKILDE UDVIKLING ApS's liquidity measured by quick ratio was 0.4 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit423.27635.261 179.82797.77322.25
EBIT139.30353.47890.77507.5976.34
Net earnings104.52274.40692.03397.48489.37
Shareholders equity total329.79604.191 296.221 693.692 183.06
Balance sheet total (assets)489.58843.551 721.662 168.872 593.49
Net debt6.97- 190.59- 177.37- 955.22-9.86
Profitability
EBIT-%
ROA33.3 %53.0 %69.5 %26.1 %27.1 %
ROE37.7 %58.8 %72.8 %26.6 %25.2 %
ROI47.5 %73.7 %88.9 %32.9 %32.6 %
Economic value added (EVA)99.45259.47676.66349.5921.85
Solvency
Equity ratio67.4 %71.6 %75.3 %78.1 %84.2 %
Gearing3.8 %2.1 %6.9 %0.1 %3.2 %
Relative net indebtedness %
Liquidity
Quick ratio2.83.43.94.40.4
Current ratio2.83.44.04.50.5
Cash and cash equivalents5.55203.11267.37957.2280.70
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBB

Variable visualization

ROA:27.1%
Rating: 82/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:84.2%
Rating: 64/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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