FUNDER DEVELOPMENT ApS

CVR number: 36437553
Hjulmagervej 4 A, 7100 Vejle
mf@frdev.dk
tel: 31361300
www.frdev.dk

Credit rating

Company information

Official name
FUNDER DEVELOPMENT ApS
Personnel
4 persons
Established
2014
Company form
Private limited company
Industry
  • Expand more icon30Manufacture of other transport equipment

About the company

FUNDER DEVELOPMENT ApS (CVR number: 36437553) is a company from VEJLE. The company recorded a gross profit of 2172.6 kDKK in 2023. The operating profit was 653.8 kDKK, while net earnings were 507.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 16 %, which can be considered excellent and Return on Equity (ROE) was 15.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 78.1 %, 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. FUNDER DEVELOPMENT ApS's liquidity measured by quick ratio was 1.6 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20192020202120222023
Volume
Net sales
Gross profit2 118.403 152.263 340.371 676.132 172.64
EBIT1 371.812 126.901 965.9755.75653.78
Net earnings1 064.501 646.511 511.4923.67507.09
Shareholders equity total1 388.972 674.883 686.373 560.042 985.85
Balance sheet total (assets)2 436.544 883.734 651.954 330.483 824.24
Net debt183.41-1 039.40-1 405.28- 359.60- 404.96
Profitability
EBIT-%
ROA76.6 %58.1 %41.2 %1.2 %16.0 %
ROE108.4 %81.0 %47.5 %0.7 %15.5 %
ROI116.4 %89.4 %53.6 %1.4 %19.9 %
Economic value added (EVA)1 036.801 584.221 470.79-52.33346.18
Solvency
Equity ratio57.0 %54.8 %79.2 %82.2 %78.1 %
Gearing13.2 %16.7 %12.2 %0.0 %
Relative net indebtedness %
Liquidity
Quick ratio1.01.22.92.41.6
Current ratio2.01.94.64.83.7
Cash and cash equivalents1 487.151 854.52359.60405.57
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:16.0%
Rating: 68/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:78.1%
Rating: 58/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Companies in the same industry

Build time: 2024-10-04T14:01:21.238Z

Try the full version of our system for free
Bankruptcy risk visualization example

... and more!

No registration needed.