FE af 20/3 2018 A/S — Credit Rating and Financial Key Figures

CVR number: 14603840
Logistikvej 4, Højme 5250 Odense SV
tel: 65960400
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Company information

Official name
FE af 20/3 2018 A/S
Established
1990
Domicile
Højme
Company form
Limited company
Industry

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
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 earnings17.00-10.00-13.00-15.00-30.00
Shareholders equity total517.00507.00494.00479.00449.00
Balance sheet total (assets)849.00520.00507.00496.00464.00
Net debt322.00
Profitability
EBIT-%
ROA-0.2 %-1.8 %-2.5 %-2.8 %-8.1 %
ROE1.7 %-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 ratio60.9 %97.5 %97.4 %96.6 %96.8 %
Gearing62.3 %
Relative net indebtedness %
Liquidity
Quick ratio2.640.039.029.230.9
Current ratio2.640.039.029.230.9
Cash and cash equivalents
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBB

Variable visualization

ROA:-8.13%
Rating: 12/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:96.8%
Rating: 78/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board

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