FINANSIERINGSSELSKABET AF 01.11.1996 A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About FINANSIERINGSSELSKABET AF 01.11.1996 A/S
FINANSIERINGSSELSKABET AF 01.11.1996 A/S (CVR number: 15784636) is a company from SKIVE. The company recorded a gross profit of -65 kDKK in 2023. The operating profit was -65 kDKK, while net earnings were 745.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 11.2 %, which can be considered good but Return on Equity (ROE) was 15 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 34.9 %, 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. FINANSIERINGSSELSKABET AF 01.11.1996 A/S's liquidity measured by quick ratio was 1.5 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 | -31.68 | -38.98 | -47.78 | -80.15 | -64.96 |
EBIT | -31.68 | -38.98 | -47.78 | -80.15 | -64.96 |
Net earnings | 1 907.64 | 1 464.31 | 2 033.63 | -3 302.12 | 745.59 |
Shareholders equity total | 5 063.83 | 6 306.94 | 8 114.57 | 4 583.64 | 5 329.23 |
Balance sheet total (assets) | 13 267.44 | 15 363.42 | 17 487.48 | 13 894.90 | 15 291.64 |
Net debt | -5 506.71 | -6 706.50 | -8 674.15 | -4 525.13 | -5 495.22 |
Profitability | |||||
EBIT-% | |||||
ROA | 22.8 % | 19.3 % | 24.1 % | 2.9 % | 11.2 % |
ROE | 46.4 % | 25.8 % | 28.2 % | -52.0 % | 15.0 % |
ROI | 23.2 % | 19.8 % | 24.8 % | 2.9 % | 11.3 % |
Economic value added (EVA) | 345.64 | 381.83 | 417.83 | 390.84 | 415.57 |
Solvency | |||||
Equity ratio | 38.2 % | 41.1 % | 46.4 % | 33.0 % | 34.9 % |
Gearing | 153.3 % | 137.3 % | 108.6 % | 202.8 % | 183.8 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.6 | 1.7 | 1.9 | 1.5 | 1.5 |
Current ratio | 1.6 | 1.7 | 1.9 | 1.5 | 1.5 |
Cash and cash equivalents | 13 267.44 | 15 363.42 | 17 487.48 | 13 820.38 | 15 291.64 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | A | A | BBB | BBB |
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