Finansax ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Finansax ApS
Finansax ApS (CVR number: 38641921) is a company from KØBENHAVN. The company recorded a gross profit of -37.5 kDKK in 2024. The operating profit was -37.5 kDKK, while net earnings were -38.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6.6 %, which can be considered decent but Return on Equity (ROE) was -0.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -2.6 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Finansax ApS's liquidity measured by quick ratio was 39.7 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -63.33 | -47.28 | -35.39 | -36.49 | -37.51 |
EBIT | -63.33 | -47.28 | -35.39 | -36.49 | -37.51 |
Net earnings | - 330.13 | - 169.71 | -65.11 | -39.00 | -38.38 |
Shareholders equity total | - 543.46 | - 713.17 | - 778.28 | - 817.27 | - 855.65 |
Balance sheet total (assets) | 53 006.02 | 26 340.84 | 27 185.07 | 29 354.69 | 31 481.32 |
Net debt | 26 625.40 | 26 712.11 | 27 881.47 | 30 095.94 | 32 266.37 |
Profitability | |||||
EBIT-% | |||||
ROA | 3.0 % | 2.9 % | 5.0 % | 7.1 % | 6.6 % |
ROE | -0.6 % | -0.4 % | -0.2 % | -0.1 % | -0.1 % |
ROI | 3.0 % | 2.9 % | 5.0 % | 7.1 % | 6.6 % |
Economic value added (EVA) | 58.60 | 1 347.78 | 29.00 | 7.84 | 8.48 |
Solvency | |||||
Equity ratio | -1.0 % | -2.6 % | -2.8 % | -2.7 % | -2.6 % |
Gearing | -9850.2 % | -3791.0 % | -3590.7 % | -3689.6 % | -3777.1 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1 527.0 | 15.0 | 19.6 | 32.6 | 39.7 |
Current ratio | 1 527.0 | 15.0 | 19.6 | 32.6 | 39.7 |
Cash and cash equivalents | 26 906.08 | 323.90 | 63.87 | 58.02 | 52.60 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BBB |
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