FUN WORLD HOLDING ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About FUN WORLD HOLDING ApS
FUN WORLD HOLDING ApS (CVR number: 26786339) is a company from ESBJERG. The company reported a net sales of 1.3 mDKK in 2023, demonstrating a growth of 91.3 % compared to the previous year. The operating profit percentage was at 45.5 % (EBIT: 0.6 mDKK), while net earnings were -63.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6.7 %, which can be considered decent but Return on Equity (ROE) was -0.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 99.5 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. FUN WORLD HOLDING ApS's liquidity measured by quick ratio was 103.8 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 (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 670.47 | 1 282.79 | |||
Gross profit | - 120.99 | - 169.26 | - 241.11 | 570.69 | 1 187.02 |
EBIT | - 547.44 | - 619.26 | - 716.38 | -39.68 | 583.76 |
Net earnings | 1 816.70 | 5 400.53 | -2 277.27 | 13 380.20 | -63.31 |
Shareholders equity total | 37 864.59 | 42 992.89 | 40 215.62 | 52 395.82 | 52 214.71 |
Balance sheet total (assets) | 50 017.06 | 57 302.44 | 41 589.27 | 52 852.85 | 52 455.66 |
Net debt | 9 489.49 | 11 742.81 | -6 405.10 | -7 282.25 | -2 241.22 |
Profitability | |||||
EBIT-% | -5.9 % | 45.5 % | |||
ROA | 9.3 % | 14.3 % | 6.4 % | 38.2 % | 6.7 % |
ROE | 4.9 % | 13.4 % | -5.5 % | 28.9 % | -0.1 % |
ROI | 8.9 % | 11.7 % | 4.5 % | 32.0 % | 4.3 % |
Economic value added (EVA) | 113.66 | 225.33 | 644.16 | -1 705.57 | -1 793.52 |
Solvency | |||||
Equity ratio | 75.7 % | 75.0 % | 96.7 % | 99.1 % | 99.5 % |
Gearing | 30.7 % | 32.1 % | 0.0 % | 0.0 % | 0.0 % |
Relative net indebtedness % | -1019.1 % | -156.5 % | |||
Liquidity | |||||
Quick ratio | 0.5 | 0.4 | 14.6 | 47.8 | 103.8 |
Current ratio | 0.5 | 0.4 | 14.6 | 47.8 | 103.8 |
Cash and cash equivalents | 2 117.82 | 2 046.51 | 6 412.83 | 7 289.99 | 2 248.96 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | 2911.4 % | 1930.3 % | |||
Credit risk | |||||
Credit rating | AA | AA | A | AA | A |
Variable visualization
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