FYNBO REAL ESTATE A/S — Credit Rating and Financial Key Figures

CVR number: 26600545
Sigenvej 9, 9760 Vrå

Company information

Official name
FYNBO REAL ESTATE A/S
Established
2002
Company form
Limited company
Industry

About FYNBO REAL ESTATE A/S

FYNBO REAL ESTATE A/S (CVR number: 26600545) is a company from HJØRRING. The company recorded a gross profit of 10.3 mDKK in 2023. The operating profit was 8211.7 kDKK, while net earnings were 4837.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 11.6 %, which can be considered good but Return on Equity (ROE) was 26.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 25.3 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. FYNBO REAL ESTATE A/S's liquidity measured by quick ratio was 0 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit8 944.378 928.359 420.3910 320.7210 314.21
EBIT6 969.856 711.827 282.828 228.838 211.66
Net earnings4 726.234 487.074 726.074 915.604 837.60
Shareholders equity total15 331.0215 318.0918 044.1618 438.0417 928.79
Balance sheet total (assets)61 621.7975 477.9174 828.8873 248.6870 927.26
Net debt40 077.5152 929.6350 365.1348 589.3946 768.84
Profitability
EBIT-%
ROA11.3 %9.8 %9.7 %11.1 %11.6 %
ROE31.6 %29.3 %28.3 %26.9 %26.6 %
ROI11.8 %10.3 %10.1 %11.5 %11.9 %
Economic value added (EVA)3 134.073 056.483 618.234 352.734 882.33
Solvency
Equity ratio24.9 %20.3 %24.1 %25.2 %25.3 %
Gearing261.4 %345.5 %279.1 %264.6 %261.9 %
Relative net indebtedness %
Liquidity
Quick ratio0.00.00.00.00.0
Current ratio0.00.00.00.00.0
Cash and cash equivalents195.79187.50
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAAAAA

Variable visualization

ROA:11.6%
Rating: 61/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:25.3%
Rating: 23/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member
Board member

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