FYN ApS — Credit Rating and Financial Key Figures

CVR number: 28851308
Stockholmsgade 37, 2100 København Ø

Company information

Official name
FYN ApS
Established
2005
Company form
Private limited company
Industry

About FYN ApS

FYN ApS (CVR number: 28851308) is a company from KØBENHAVN. The company reported a net sales of 0.7 mDKK in 2024, demonstrating a decline of -16.2 % compared to the previous year. The operating profit percentage was at 39 % (EBIT: 0.3 mDKK), while net earnings were -46.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.7 %, which can be considered weak but Return on Equity (ROE) was -4.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 5.9 %, 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. FYN ApS's liquidity measured by quick ratio was 0 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales892.00895.22856.47828.98694.49
Gross profit476.56383.48404.50420.98270.97
EBIT576.56383.48404.50420.98270.97
Net earnings235.1587.19104.1974.09-46.71
Shareholders equity total721.26808.45912.64986.73940.02
Balance sheet total (assets)16 025.5016 020.8116 037.0816 027.7316 061.47
Net debt14 319.0714 146.2914 122.4914 076.1614 183.21
Profitability
EBIT-%64.6 %42.8 %47.2 %50.8 %39.0 %
ROA3.6 %2.4 %2.5 %2.6 %1.7 %
ROE39.0 %11.4 %12.1 %7.8 %-4.8 %
ROI3.7 %2.5 %2.6 %2.7 %1.7 %
Economic value added (EVA)- 331.67- 484.31- 464.85- 457.46- 577.21
Solvency
Equity ratio4.5 %5.0 %5.7 %6.2 %5.9 %
Gearing1985.4 %1749.9 %1547.4 %1426.5 %1508.8 %
Relative net indebtedness %1616.4 %1597.4 %1661.1 %1707.4 %2050.9 %
Liquidity
Quick ratio0.00.00.00.00.0
Current ratio0.00.00.00.00.0
Cash and cash equivalents0.930.96
Capital use efficiency
Trade debtors turnover (days)
Net working capital %-649.2 %-665.6 %-718.2 %-769.0 %-967.7 %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:1.69%
Rating: 28/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:5.85%
Rating: 6/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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