FAZIT A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About FAZIT A/S
FAZIT A/S (CVR number: 28859007) is a company from KØBENHAVN. The company recorded a gross profit of 17.4 kDKK in 2024. The operating profit was -635.6 kDKK, while net earnings were 130.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.3 %, which can be considered weak and Return on Equity (ROE) was 2.5 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 92.6 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. FAZIT A/S's liquidity measured by quick ratio was 13.5 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 financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 1 172.09 | 1 416.93 | 891.25 | 165.52 | 17.45 |
EBIT | 524.42 | 740.68 | 195.96 | - 487.03 | - 635.65 |
Net earnings | 439.22 | 1 310.81 | - 308.57 | 412.17 | 130.66 |
Shareholders equity total | 3 825.89 | 5 136.70 | 4 828.13 | 5 240.30 | 5 370.95 |
Balance sheet total (assets) | 5 028.69 | 6 443.98 | 5 573.20 | 5 923.54 | 5 799.70 |
Net debt | -4 043.05 | -5 403.55 | -4 771.19 | -5 281.96 | -5 408.31 |
Profitability | |||||
EBIT-% | |||||
ROA | 15.1 % | 30.1 % | 5.3 % | 9.8 % | 3.3 % |
ROE | 12.2 % | 29.3 % | -6.2 % | 8.2 % | 2.5 % |
ROI | 16.6 % | 33.2 % | 5.7 % | 10.1 % | 3.4 % |
Economic value added (EVA) | 441.92 | 623.77 | 204.71 | - 343.30 | - 457.13 |
Solvency | |||||
Equity ratio | 76.1 % | 79.7 % | 86.6 % | 88.5 % | 92.6 % |
Gearing | 19.2 % | 13.8 % | 12.9 % | 8.6 % | 7.1 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 4.2 | 4.9 | 7.5 | 8.7 | 13.5 |
Current ratio | 4.2 | 4.9 | 7.5 | 8.7 | 13.5 |
Cash and cash equivalents | 4 776.43 | 6 110.07 | 5 392.37 | 5 735.06 | 5 791.55 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BB |
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