FUNDER DEVELOPMENT ApS — Credit Rating and Financial Key Figures

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

Credit rating

Company information

Official name
FUNDER DEVELOPMENT ApS
Personnel
4 persons
Established
2014
Company form
Private limited company
Industry

About FUNDER DEVELOPMENT ApS

FUNDER DEVELOPMENT ApS (CVR number: 36437553) is a company from VEJLE. The company recorded a gross profit of 2911.9 kDKK in 2024. The operating profit was 1025.3 kDKK, while net earnings were 794.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 25.2 %, which can be considered excellent and Return on Equity (ROE) was 24.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 80.3 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. FUNDER DEVELOPMENT ApS's liquidity measured by quick ratio was 2.6 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit3 152.263 340.371 676.132 172.642 911.88
EBIT2 126.901 965.9755.75653.781 025.28
Net earnings1 646.511 511.4923.67507.09794.22
Shareholders equity total2 674.883 686.373 560.042 985.853 480.07
Balance sheet total (assets)4 883.734 651.954 330.483 824.244 332.97
Net debt-1 039.40-1 405.28- 359.60- 404.96- 707.12
Profitability
EBIT-%
ROA58.1 %41.2 %1.2 %16.0 %25.2 %
ROE81.0 %47.5 %0.7 %15.5 %24.6 %
ROI89.4 %53.6 %1.4 %19.9 %31.7 %
Economic value added (EVA)1 574.011 371.35- 170.06326.98646.06
Solvency
Equity ratio54.8 %79.2 %82.2 %78.1 %80.3 %
Gearing16.7 %12.2 %0.0 %0.0 %
Relative net indebtedness %
Liquidity
Quick ratio1.22.92.41.62.6
Current ratio1.94.64.83.74.3
Cash and cash equivalents1 487.151 854.52359.60405.57707.47
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:25.2%
Rating: 81/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:80.3%
Rating: 60/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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