FODECO A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About FODECO A/S
FODECO A/S (CVR number: 27638678) is a company from HEDENSTED. The company recorded a gross profit of 103.3 kDKK in 2024. The operating profit was -45 kDKK, while net earnings were -1.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.1 %, which can be considered weak but Return on Equity (ROE) was -0.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 99.6 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. FODECO A/S's liquidity measured by quick ratio was 241.3 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 | 472.04 | 497.47 | 379.10 | 382.65 | 103.34 |
EBIT | 64.33 | 215.48 | 70.14 | 52.11 | -45.05 |
Net earnings | 48.93 | 168.94 | 36.49 | 38.21 | -1.23 |
Shareholders equity total | 2 147.41 | 2 203.34 | 2 125.43 | 2 045.84 | 1 922.62 |
Balance sheet total (assets) | 2 850.93 | 3 961.79 | 2 654.53 | 3 049.35 | 1 930.62 |
Net debt | -1 827.85 | -1 913.86 | -2 129.39 | -1 569.58 | -1 911.30 |
Profitability | |||||
EBIT-% | |||||
ROA | 2.5 % | 6.7 % | 2.1 % | 1.9 % | 0.1 % |
ROE | 2.2 % | 7.8 % | 1.7 % | 1.8 % | -0.1 % |
ROI | 3.4 % | 10.5 % | 3.3 % | 2.6 % | 0.2 % |
Economic value added (EVA) | -10.17 | 152.21 | 40.14 | 40.77 | -68.98 |
Solvency | |||||
Equity ratio | 75.3 % | 55.6 % | 80.1 % | 67.1 % | 99.6 % |
Gearing | 0.2 % | 0.0 % | 0.0 % | ||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 3.8 | 2.3 | 5.0 | 2.6 | 241.3 |
Current ratio | 4.1 | 2.3 | 5.0 | 3.0 | 241.3 |
Cash and cash equivalents | 1 831.77 | 1 913.88 | 2 129.42 | 1 569.58 | 1 911.30 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | BB | BB | BBB |
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