ABC Finmekanik ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About ABC Finmekanik ApS
ABC Finmekanik ApS (CVR number: 38382071) is a company from HILLERØD. The company reported a net sales of 5.6 mDKK in 2024, demonstrating a decline of -9.1 % compared to the previous year. The operating profit percentage was poor at -1.1 % (EBIT: -0.1 mDKK), while net earnings were -150.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -3.3 %, which can be considered poor and Return on Equity (ROE) was -31.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 22.2 %, 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. ABC Finmekanik ApS's liquidity measured by quick ratio was 1.4 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 6 311.99 | 6 685.24 | 7 261.49 | 6 200.02 | 5 636.61 |
Gross profit | 3 302.06 | 3 493.47 | 3 482.99 | 3 268.28 | 2 927.74 |
EBIT | 396.02 | 281.97 | 320.94 | 337.38 | -61.89 |
Net earnings | 235.88 | 207.22 | 170.01 | 215.15 | - 150.46 |
Shareholders equity total | -41.91 | 165.32 | 335.33 | 550.49 | 400.03 |
Balance sheet total (assets) | 2 372.51 | 2 015.78 | 1 867.74 | 1 914.08 | 1 799.01 |
Net debt | 1 014.38 | 359.94 | 11.44 | - 157.53 | 189.88 |
Profitability | |||||
EBIT-% | 6.3 % | 4.2 % | 4.4 % | 5.4 % | -1.1 % |
ROA | 18.8 % | 16.2 % | 16.7 % | 17.8 % | -3.3 % |
ROE | 12.1 % | 16.3 % | 67.9 % | 48.6 % | -31.7 % |
ROI | 42.1 % | 37.0 % | 45.1 % | 42.8 % | -8.1 % |
Economic value added (EVA) | 385.90 | 191.21 | 211.78 | 258.65 | - 108.49 |
Solvency | |||||
Equity ratio | -1.7 % | 8.2 % | 18.0 % | 28.8 % | 22.2 % |
Gearing | -2953.3 % | 324.5 % | 120.0 % | 52.6 % | 68.8 % |
Relative net indebtedness % | 34.7 % | 25.0 % | 15.7 % | 14.8 % | 15.4 % |
Liquidity | |||||
Quick ratio | 0.6 | 0.6 | 0.8 | 0.9 | 1.4 |
Current ratio | 0.7 | 0.9 | 1.0 | 1.3 | 2.0 |
Cash and cash equivalents | 223.19 | 176.50 | 390.84 | 446.93 | 85.15 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 67.6 | 41.6 | 33.8 | 40.7 | 54.3 |
Net working capital % | -9.7 % | -3.0 % | 1.0 % | 6.4 % | 12.1 % |
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BBB |
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