FAGRON NORDIC A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About FAGRON NORDIC A/S
FAGRON NORDIC A/S (CVR number: 30722906) is a company from KØBENHAVN. The company recorded a gross profit of 437.9 kDKK in 2023. The operating profit was -956.4 kDKK, while net earnings were -1141.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was -9.7 %, which can be considered poor and Return on Equity (ROE) was -15.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -26.9 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. FAGRON NORDIC A/S's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 1 248.34 | 1 601.75 | 1 664.33 | 157.94 | 437.95 |
EBIT | 226.45 | 456.14 | 218.69 | - 499.55 | - 956.43 |
Net earnings | 90.04 | 380.26 | 324.39 | - 487.44 | -1 141.12 |
Shareholders equity total | -2 058.92 | -1 678.66 | -1 354.26 | -1 841.70 | -2 982.82 |
Balance sheet total (assets) | 4 802.65 | 5 864.83 | 6 202.36 | 6 567.63 | 8 121.59 |
Net debt | 3 915.11 | 4 166.81 | 4 593.07 | 6 215.35 | 8 063.23 |
Profitability | |||||
EBIT-% | |||||
ROA | 3.1 % | 6.3 % | 3.0 % | -6.1 % | -9.7 % |
ROE | 1.7 % | 7.1 % | 5.4 % | -7.6 % | -15.5 % |
ROI | 5.5 % | 10.9 % | 5.0 % | -9.1 % | -13.2 % |
Economic value added (EVA) | 370.72 | 563.51 | 249.08 | - 353.42 | - 699.24 |
Solvency | |||||
Equity ratio | -30.0 % | -22.3 % | -17.9 % | -21.9 % | -26.9 % |
Gearing | -193.9 % | -259.4 % | -339.2 % | -337.5 % | -270.3 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.6 | 0.6 | 0.6 | 0.6 | 0.6 |
Current ratio | 0.6 | 0.7 | 0.6 | 0.6 | 0.6 |
Cash and cash equivalents | 77.75 | 188.14 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BBB | BBB | BB | BB |
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