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FK PROPERTY ApS — Credit Rating and Financial Key Figures

CVR number: 35828664
Teglværksvej 7, 7760 Hurup Thy
Free credit report Annual report

Credit rating

Company information

Official name
FK PROPERTY ApS
Established
2014
Company form
Private limited company
Industry

About FK PROPERTY ApS

FK PROPERTY ApS (CVR number: 35828664) is a company from THISTED. The company recorded a gross profit of 508.4 kDKK in 2024. The operating profit was 370.7 kDKK, while net earnings were 148.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6.6 %, which can be considered decent but Return on Equity (ROE) was 12.2 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 23.8 %, 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. FK PROPERTY 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit363.38413.11382.04454.98508.39
EBIT272.30275.40244.33317.26370.67
Net earnings142.51153.6437.4974.38148.50
Shareholders equity total879.141 032.771 070.271 144.641 293.14
Balance sheet total (assets)6 133.406 233.506 284.725 781.075 431.06
Net debt2 533.192 143.651 862.982 125.912 224.86
Profitability
EBIT-%
ROA4.9 %4.5 %3.9 %5.3 %6.6 %
ROE17.6 %16.1 %3.6 %6.7 %12.2 %
ROI5.0 %4.5 %5.0 %8.6 %9.9 %
Economic value added (EVA)103.5729.47-32.3060.96102.80
Solvency
Equity ratio14.3 %16.6 %17.0 %19.8 %23.8 %
Gearing306.5 %246.6 %230.0 %206.5 %174.4 %
Relative net indebtedness %
Liquidity
Quick ratio0.91.92.71.30.2
Current ratio0.91.92.71.30.2
Cash and cash equivalents161.37403.17599.11238.1729.88
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBABBBBBBBBB

Variable visualization

ROA:6.63%
Rating: 48/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:23.8%
Rating: 22/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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