Findrad ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Findrad ApS
Findrad ApS (CVR number: 36686316) is a company from RUDERSDAL. The company recorded a gross profit of -10.3 kDKK in 2023. The operating profit was -10.3 kDKK, while net earnings were -6.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was -0.6 %, which can be considered poor and Return on Equity (ROE) was -3.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 30.9 %, 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. Findrad 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -0.09 | -0.07 | -0.07 | 2.56 | -10.30 |
EBIT | -0.09 | -0.07 | -0.07 | 2.56 | -10.30 |
Net earnings | - 307.73 | - 173.23 | - 210.45 | - 363.40 | -6.66 |
Shareholders equity total | - 257.73 | - 123.23 | - 160.45 | 202.94 | 196.28 |
Balance sheet total (assets) | 171.96 | 306.38 | 269.09 | 632.48 | 635.82 |
Net debt | 424.05 | 424.02 | 424.03 | - 582.37 | - 585.12 |
Profitability | |||||
EBIT-% | |||||
ROA | -71.3 % | -40.3 % | -49.0 % | -68.4 % | -0.6 % |
ROE | -208.8 % | -72.4 % | -73.1 % | -154.0 % | -3.3 % |
ROI | -71.3 % | -40.3 % | -49.0 % | -68.4 % | -0.6 % |
Economic value added (EVA) | 21.66 | 21.53 | 21.51 | 24.15 | 30.35 |
Solvency | |||||
Equity ratio | -60.0 % | -28.7 % | -37.4 % | 32.1 % | 30.9 % |
Gearing | -166.7 % | -348.6 % | -267.7 % | 211.7 % | 218.8 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.0 | 0.0 | 0.0 | 1.5 | 1.4 |
Current ratio | 0.0 | 0.0 | 0.0 | 1.5 | 1.4 |
Cash and cash equivalents | 5.65 | 5.58 | 5.51 | 1 011.91 | 1 014.66 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BBB | BB | BB | BB |
Variable visualization
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