Fin Form Bellinge ApS — Credit Rating and Financial Key Figures

CVR number: 37984280
Ahornvænget 22, Tommerup St 5690 Tommerup
leif@finform.dk
tel: 20828282
www.finform.dk
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Company information

Official name
Fin Form Bellinge ApS
Personnel
18 persons
Established
2016
Domicile
Tommerup St
Company form
Private limited company
Industry

About Fin Form Bellinge ApS

Fin Form Bellinge ApS (CVR number: 37984280) is a company from ASSENS. The company recorded a gross profit of 1041.9 kDKK in 2024. The operating profit was -0.2 kDKK, while net earnings were -12.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.6 %, which can be considered weak but Return on Equity (ROE) was -13.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 14.6 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. Fin Form Bellinge ApS's liquidity measured by quick ratio was 0.5 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit1 071.00881.001 017 488.00861.201 041.89
EBIT-79.00- 175.00162 803.00-23.34-0.17
Net earnings-77.00- 158.0083 728.00-0.21-12.91
Shareholders equity total178.0020.00103 493.00103.2990.37
Balance sheet total (assets)1 466.001 079.00892 731.00747.96618.24
Net debt346.00515.00321 881.00323.72216.37
Profitability
EBIT-%
ROA-5.6 %-13.8 %36.4 %-0.0 %1.6 %
ROE-35.6 %-159.6 %161.8 %-0.0 %-13.3 %
ROI-7.4 %-22.2 %60.8 %-0.0 %2.5 %
Economic value added (EVA)- 119.23- 191.0993 680.23-26 876.00-26.38
Solvency
Equity ratio12.1 %1.9 %11.6 %13.8 %14.6 %
Gearing287.6 %2725.0 %311.2 %313.9 %239.5 %
Relative net indebtedness %
Liquidity
Quick ratio0.30.10.30.40.5
Current ratio0.30.10.30.40.5
Cash and cash equivalents166.0030.00142.000.510.07
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBB

Variable visualization

ROA:1.62%
Rating: 28/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:14.6%
Rating: 14/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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