Fit&Sund Middelfart ApS — Credit Rating and Financial Key Figures

CVR number: 40732977
Strandkærvej 87 B, 8700 Horsens
www.fitogsund.dk

Company information

Official name
Fit&Sund Middelfart ApS
Personnel
37 persons
Established
2019
Company form
Private limited company
Industry

About Fit&Sund Middelfart ApS

Fit&Sund Middelfart ApS (CVR number: 40732977) is a company from HORSENS. The company recorded a gross profit of 1129.5 kDKK in 2023. The operating profit was 221.3 kDKK, while net earnings were 83.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 13.8 %, which can be considered good but Return on Equity (ROE) was 7.7 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at -31.4 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Fit&Sund Middelfart ApS's liquidity measured by quick ratio was 0.5 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
Volume
Net sales
Gross profit147.60985.571 629.031 129.46
EBIT- 787.23- 364.84225.37221.34
Net earnings- 662.36- 104.43110.3683.14
Shareholders equity total- 592.36- 696.78- 586.42- 503.28
Balance sheet total (assets)1 080.141 091.291 063.201 099.08
Net debt1 381.85933.06990.47890.25
Profitability
EBIT-%
ROA-47.1 %-3.7 %13.7 %13.8 %
ROE-61.3 %-9.6 %10.2 %7.7 %
ROI-48.2 %-4.7 %21.9 %23.9 %
Economic value added (EVA)- 617.01- 258.65206.00161.63
Solvency
Equity ratio-35.4 %-39.0 %-35.5 %-31.4 %
Gearing-233.3 %-133.9 %-169.1 %-177.1 %
Relative net indebtedness %
Liquidity
Quick ratio0.30.30.40.5
Current ratio0.30.30.40.5
Cash and cash equivalents1.001.09
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBB

Variable visualization

ROA:13.8%
Rating: 64/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-31.4%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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