FINORT ApS — Credit Rating and Financial Key Figures

CVR number: 36961686
Suomisvej 4, 1927 Frederiksberg C
finortaps@pm.me
tel: 91940310
http://finort.dk
Free credit report Annual report

Company information

Official name
FINORT ApS
Personnel
1 person
Established
2015
Company form
Private limited company
Industry

About FINORT ApS

FINORT ApS (CVR number: 36961686) is a company from FREDERIKSBERG. The company recorded a gross profit of 43.6 kDKK in 2024. The operating profit was 42.8 kDKK, while net earnings were 42.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 55 %, which can be considered excellent and Return on Equity (ROE) was 170.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at -53.2 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. FINORT ApS's liquidity measured by quick ratio was 0.5 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 profit294.20131.58210.21287.1543.62
EBIT74.39-96.11-63.0335.0542.76
Net earnings56.93-98.00-62.4331.4942.34
Shareholders equity total54.89-43.11- 105.54-74.04-31.70
Balance sheet total (assets)194.6474.7248.8821.8527.89
Net debt- 193.64-73.10-33.53-20.20-25.89
Profitability
EBIT-%
ROA60.7 %-61.5 %-45.1 %28.0 %55.0 %
ROE106.2 %-151.2 %-101.0 %89.1 %170.2 %
ROI275.3 %-350.1 %
Economic value added (EVA)56.74-99.03-60.8739.4946.48
Solvency
Equity ratio28.2 %-36.6 %-68.3 %-77.2 %-53.2 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio1.40.60.30.20.5
Current ratio1.40.60.30.20.5
Cash and cash equivalents193.6473.1033.5320.2025.89
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBB

Variable visualization

ROA:55.0%
Rating: 97/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-53.2%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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