FUNNY BUSINESS INTERNATIONAL ApS — Credit Rating and Financial Key Figures

CVR number: 32318045
Meterbuen 15, 2740 Skovlunde

Company information

Official name
FUNNY BUSINESS INTERNATIONAL ApS
Personnel
12 persons
Established
2013
Company form
Private limited company
Industry

About FUNNY BUSINESS INTERNATIONAL ApS

FUNNY BUSINESS INTERNATIONAL ApS (CVR number: 32318045) is a company from BALLERUP. The company recorded a gross profit of 3014.2 kDKK in 2023. The operating profit was -1167.3 kDKK, while net earnings were -1477.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was -19.9 %, which can be considered poor and Return on Equity (ROE) was -39.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -25 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. FUNNY BUSINESS INTERNATIONAL ApS's liquidity measured by quick ratio was 0.2 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 profit4 955.122 701.175 524.522 756.053 014.20
EBIT776.87-1 276.70841.28-2 955.44-1 167.30
Net earnings559.13-1 019.88565.78-3 361.60-1 477.33
Shareholders equity total1 597.55297.67863.45-2 998.15-1 275.49
Balance sheet total (assets)6 276.734 232.244 671.453 655.663 825.83
Net debt- 945.31- 311.55-59.525 055.962 548.87
Profitability
EBIT-%
ROA13.6 %-23.8 %20.0 %-52.2 %-19.9 %
ROE35.7 %-107.6 %97.5 %-148.8 %-39.5 %
ROI27.7 %-76.8 %111.1 %-92.1 %-28.7 %
Economic value added (EVA)572.31- 970.02649.84-3 088.00- 999.43
Solvency
Equity ratio25.5 %7.0 %18.5 %-45.1 %-25.0 %
Gearing75.8 %51.0 %33.1 %-175.4 %-224.3 %
Relative net indebtedness %
Liquidity
Quick ratio0.70.30.40.10.2
Current ratio1.30.91.20.50.9
Cash and cash equivalents2 155.79463.50344.96202.94312.08
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBB

Variable visualization

ROA:-19.9%
Rating: 0/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-25.0%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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