Faaborg-Midtfyns IT ApS — Credit Rating and Financial Key Figures

CVR number: 38757709
Markedspladsen 9, 5600 Faaborg
info@faaborg-it.dk
tel: 26166062
https://faaborg-it.dk/
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Company information

Official name
Faaborg-Midtfyns IT ApS
Established
2017
Company form
Private limited company
Industry

About Faaborg-Midtfyns IT ApS

Faaborg-Midtfyns IT ApS (CVR number: 38757709) is a company from FAABORG-MIDTFYN. The company recorded a gross profit of 0.1 kDKK in 2024. The operating profit was -1.5 kDKK, while net earnings were -1.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -0.8 %, which can be considered poor and Return on Equity (ROE) was -1.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 77 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. Faaborg-Midtfyns IT ApS's liquidity measured by quick ratio was 4.3 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit-5.08- 120.43-52.1449.280.12
EBIT-13.10- 124.31-52.1449.28-1.49
Net earnings-16.01- 136.94-52.6449.28-1.51
Shareholders equity total283.14146.2093.55142.83141.33
Balance sheet total (assets)468.68177.25135.63192.67183.59
Net debt- 411.45- 139.07-80.33-58.89- 128.08
Profitability
EBIT-%
ROA-2.7 %-38.5 %-33.3 %30.0 %-0.8 %
ROE-5.5 %-63.8 %-43.9 %41.7 %-1.1 %
ROI-4.3 %-54.1 %-37.7 %34.1 %-0.9 %
Economic value added (EVA)-29.40- 138.15-60.2543.50-10.23
Solvency
Equity ratio60.4 %82.5 %69.0 %74.1 %77.0 %
Gearing5.4 %10.5 %22.9 %21.7 %18.8 %
Relative net indebtedness %
Liquidity
Quick ratio2.55.73.23.94.3
Current ratio2.55.73.23.94.3
Cash and cash equivalents426.75154.37101.7889.91154.60
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBB

Variable visualization

ROA:-0.79%
Rating: 19/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:77.0%
Rating: 57/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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