FETTER ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About FETTER ApS
FETTER ApS (CVR number: 27374824) is a company from KØBENHAVN. The company recorded a gross profit of -128.2 kDKK in 2023. The operating profit was -128.2 kDKK, while net earnings were -6062.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was -89.5 %, which can be considered poor and Return on Equity (ROE) was -115.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 68.4 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. FETTER ApS's liquidity measured by quick ratio was 1.5 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -8.75 | -9.00 | -55.06 | -13.93 | - 128.25 |
EBIT | -8.75 | -9.00 | -55.06 | -13.93 | - 128.25 |
Net earnings | 577.92 | 484.40 | 8 083.15 | - 972.28 | -6 062.44 |
Shareholders equity total | 2 072.04 | 2 145.84 | 9 328.99 | 8 299.51 | 2 178.17 |
Balance sheet total (assets) | 2 139.88 | 2 147.35 | 11 242.22 | 9 785.82 | 3 183.92 |
Net debt | -75.31 | -0.22 | -2 594.33 | - 404.51 | - 328.41 |
Profitability | |||||
EBIT-% | |||||
ROA | 31.1 % | 22.6 % | 129.3 % | -0.6 % | -89.5 % |
ROE | 31.7 % | 23.0 % | 140.9 % | -11.0 % | -115.7 % |
ROI | 31.7 % | 22.9 % | 141.8 % | -0.6 % | -89.6 % |
Economic value added (EVA) | -85.67 | - 111.14 | - 150.88 | - 519.41 | - 582.72 |
Solvency | |||||
Equity ratio | 96.8 % | 99.9 % | 83.0 % | 84.8 % | 68.4 % |
Gearing | 7.8 % | 17.9 % | 46.0 % | ||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 10.1 | 462.4 | 1.8 | 5.4 | 1.5 |
Current ratio | 10.1 | 462.4 | 1.8 | 5.4 | 1.5 |
Cash and cash equivalents | 75.31 | 0.22 | 3 324.64 | 1 889.32 | 1 329.32 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | BBB | BBB | BBB | BBB |
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