FWG ApS — Credit Rating and Financial Key Figures

CVR number: 28326238
Vendersgade 26 E, 7000 Fredericia

Credit rating

Company information

Official name
FWG ApS
Established
2005
Company form
Private limited company
Industry

About FWG ApS

FWG ApS (CVR number: 28326238) is a company from FREDERICIA. The company recorded a gross profit of 96.9 kEUR in 2023. The operating profit was 96.9 kEUR, while net earnings were 59.7 kEUR. The profitability of the company measured by Return on Assets (ROA) was 4.1 %, which can be considered decent and Return on Equity (ROE) was 4.8 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 53.7 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. FWG ApS's liquidity measured by quick ratio was 0.6 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 (kEUR)

EBIT (kEUR)

Profitability

Solidity

Key figures (kEUR)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit118.28111.8798.36126.1796.88
EBIT118.28111.87522.13126.1796.88
Net earnings77.3278.41409.34101.4459.72
Shareholders equity total620.14698.561 107.891 209.331 269.05
Balance sheet total (assets)1 907.551 919.152 321.002 347.752 361.52
Net debt976.18873.80895.73868.98786.36
Profitability
EBIT-%
ROA6.2 %5.8 %24.6 %5.4 %4.1 %
ROE13.3 %11.9 %45.3 %8.8 %4.8 %
ROI7.0 %6.6 %27.2 %5.7 %4.3 %
Economic value added (EVA)49.5247.71399.0874.9122.93
Solvency
Equity ratio32.5 %36.4 %47.7 %51.5 %53.7 %
Gearing161.7 %130.5 %82.3 %75.4 %66.4 %
Relative net indebtedness %
Liquidity
Quick ratio0.10.20.10.60.6
Current ratio0.10.20.10.60.6
Cash and cash equivalents26.3237.9316.0042.7456.52
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBABBB

Variable visualization

ROA:4.13%
Rating: 40/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:53.7%
Rating: 42/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chief executive officer

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