FE af 20/3 2018 A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About FE af 20/3 2018 A/S
FE af 20/3 2018 A/S (CVR number: 14603840) is a company from ODENSE. The company recorded a gross profit of -40 kDKK in 2023. The operating profit was -40 kDKK, while net earnings were -30 kDKK. The profitability of the company measured by Return on Assets (ROA) was -8.1 %, which can be considered poor and Return on Equity (ROE) was -6.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 96.8 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. FE af 20/3 2018 A/S's liquidity measured by quick ratio was 30.9 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 | |||||
Gross profit | -11.00 | -15.00 | -13.00 | -14.00 | -40.00 |
EBIT | -8.00 | -15.00 | -13.00 | -14.00 | -40.00 |
Net earnings | 17.00 | -10.00 | -13.00 | -15.00 | -30.00 |
Shareholders equity total | 517.00 | 507.00 | 494.00 | 479.00 | 449.00 |
Balance sheet total (assets) | 849.00 | 520.00 | 507.00 | 496.00 | 464.00 |
Net debt | 322.00 | ||||
Profitability | |||||
EBIT-% | |||||
ROA | -0.2 % | -1.8 % | -2.5 % | -2.8 % | -8.1 % |
ROE | 1.7 % | -2.0 % | -2.6 % | -3.1 % | -6.5 % |
ROI | -0.2 % | -1.8 % | -2.6 % | -2.9 % | -8.4 % |
Economic value added (EVA) | -82.17 | -38.48 | -35.42 | -35.88 | -54.84 |
Solvency | |||||
Equity ratio | 60.9 % | 97.5 % | 97.4 % | 96.6 % | 96.8 % |
Gearing | 62.3 % | ||||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 2.6 | 40.0 | 39.0 | 29.2 | 30.9 |
Current ratio | 2.6 | 40.0 | 39.0 | 29.2 | 30.9 |
Cash and cash equivalents | |||||
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | B | B | B | B |
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