FindingWays ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About FindingWays ApS
FindingWays ApS (CVR number: 40979328) is a company from ESBJERG. The company recorded a gross profit of 30.2 kDKK in 2024. The operating profit was -4.2 kDKK, while net earnings were -3.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -1.5 %, which can be considered poor and Return on Equity (ROE) was -4.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 28.3 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. FindingWays ApS's liquidity measured by quick ratio was 1.2 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 1 118.71 | 1 087.90 | 1 103.42 | 1 140.03 | 30.22 |
EBIT | 27.08 | 20.67 | 202.58 | -3.59 | -4.17 |
Net earnings | 19.40 | 7.97 | 127.55 | 12.49 | -3.24 |
Shareholders equity total | 51.94 | 67.38 | 194.93 | 78.42 | 75.18 |
Balance sheet total (assets) | 560.01 | 364.25 | 489.67 | 265.41 | 265.39 |
Net debt | - 297.84 | - 113.91 | - 249.38 | -36.22 | -5.41 |
Profitability | |||||
EBIT-% | |||||
ROA | 4.8 % | 4.5 % | 47.4 % | -0.9 % | -1.5 % |
ROE | 37.4 % | 13.4 % | 97.3 % | 9.1 % | -4.2 % |
ROI | 52.1 % | 34.7 % | 142.4 % | -2.2 % | -4.2 % |
Economic value added (EVA) | 21.12 | 12.07 | 124.56 | -13.47 | -9.23 |
Solvency | |||||
Equity ratio | 9.3 % | 18.5 % | 39.8 % | 29.5 % | 28.3 % |
Gearing | 1.3 % | 28.4 % | 25.0 % | ||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.8 | 0.8 | 1.4 | 1.0 | 1.2 |
Current ratio | 0.8 | 0.8 | 1.4 | 1.0 | 1.2 |
Cash and cash equivalents | 297.84 | 113.91 | 251.84 | 58.46 | 24.19 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | BB | BB | BB |
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