FUNCH ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About FUNCH ApS
FUNCH ApS (CVR number: 32645127) is a company from HERNING. The company recorded a gross profit of 659 kDKK in 2024. The operating profit was -198.4 kDKK, while net earnings were -158.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -28.6 %, which can be considered poor and Return on Equity (ROE) was -32.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 74.7 %, 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. FUNCH ApS's liquidity measured by quick ratio was 3.8 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 financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 898.43 | 865.42 | 1 606.61 | 809.05 | 658.99 |
EBIT | -7.56 | 284.25 | 644.35 | 17.05 | - 198.44 |
Net earnings | -7.34 | 216.40 | 487.65 | 7.11 | - 158.16 |
Shareholders equity total | 144.55 | 304.45 | 677.70 | 567.01 | 408.85 |
Balance sheet total (assets) | 449.44 | 532.89 | 1 148.32 | 824.50 | 547.65 |
Net debt | - 156.94 | -48.95 | - 706.45 | - 641.10 | - 205.77 |
Profitability | |||||
EBIT-% | |||||
ROA | -1.2 % | 58.2 % | 77.0 % | 1.8 % | -28.6 % |
ROE | -3.6 % | 96.4 % | 99.3 % | 1.1 % | -32.4 % |
ROI | -2.9 % | 127.2 % | 131.7 % | 2.8 % | -40.2 % |
Economic value added (EVA) | -21.45 | 211.49 | 476.00 | -21.95 | - 188.06 |
Solvency | |||||
Equity ratio | 32.2 % | 57.1 % | 59.0 % | 68.8 % | 74.7 % |
Gearing | |||||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.5 | 2.3 | 2.4 | 3.2 | 3.8 |
Current ratio | 1.5 | 2.3 | 2.4 | 3.2 | 3.8 |
Cash and cash equivalents | 156.94 | 48.95 | 706.45 | 641.10 | 205.77 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BB | BBB | BBB | BB |
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