Fortuna Seaside Invest A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About Fortuna Seaside Invest A/S
Fortuna Seaside Invest A/S (CVR number: 37991902) is a company from GENTOFTE. The company recorded a gross profit of 0 kUSD in 2023. The operating profit was -16.1 kUSD, while net earnings were 360.5 kUSD. The profitability of the company measured by Return on Assets (ROA) was 3.9 %, which can be considered weak but Return on Equity (ROE) was 4.6 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 99 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Fortuna Seaside Invest A/S's liquidity measured by quick ratio was 34.2 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.
Financial information
See financialsGross profit (kUSD)
EBIT (kUSD)
Profitability
Solidity
Key figures (kUSD)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | |||||
EBIT | -24.94 | -8.43 | -12.96 | -16.06 | |
Net earnings | 4 794.44 | 5 057.76 | 275.13 | 360.50 | |
Shareholders equity total | 2 288.25 | 7 346.01 | 7 621.14 | 7 981.64 | |
Balance sheet total (assets) | 7 049.79 | 11 714.03 | 7 685.16 | 8 064.82 | |
Net debt | 7 249.60 | 3 100.51 | -2 171.93 | -2 764.14 | |
Profitability | |||||
EBIT-% | |||||
ROA | 69.5 % | 53.7 % | 5.0 % | 3.9 % | |
ROE | 209.5 % | 105.0 % | 3.7 % | 4.6 % | |
ROI | 74.4 % | 59.0 % | 5.2 % | 4.0 % | |
Economic value added (EVA) | 411.45 | -19.64 | 291.78 | 394.43 | 6.80 |
Solvency | |||||
Equity ratio | 40.5 % | 62.7 % | 99.2 % | 99.0 % | |
Gearing | 318.8 % | 42.8 % | |||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.1 | 0.4 | 35.4 | 34.2 | |
Current ratio | 0.1 | 0.4 | 35.4 | 34.2 | |
Cash and cash equivalents | 45.97 | 43.65 | 2 171.93 | 2 764.14 | |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | B | BBB | A | A | A |
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