FYRTÅRN TOMMERUP FONDEN — Credit Rating and Financial Key Figures

CVR number: 33495595
Tallerupvej 85, 5690 Tommerup

Company information

Official name
FYRTÅRN TOMMERUP FONDEN
Personnel
37 persons
Established
2010
Industry

About FYRTÅRN TOMMERUP FONDEN

FYRTÅRN TOMMERUP FONDEN (CVR number: 33495595) is a company from ASSENS. The company reported a net sales of 11.7 mDKK in 2023, demonstrating a growth of 1.6 % compared to the previous year. The operating profit percentage was at 6.3 % (EBIT: 0.7 mDKK), while net earnings were 37.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.7 %, which can be considered weak and Return on Equity (ROE) was 0.5 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 29 %, 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. FYRTÅRN TOMMERUP FONDEN's liquidity measured by quick ratio was 0.4 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
2019
2020
2021
2022
2023
Volume
Net sales10 056.868 263.469 011.1511 517.2111 704.18
Gross profit3 632.963 509.204 393.106 021.316 339.39
EBIT392.36358.011 021.07810.83737.36
Net earnings- 971.53- 254.35268.42247.0037.36
Shareholders equity total7 523.177 268.827 537.247 784.237 821.60
Balance sheet total (assets)29 335.3128 711.1529 521.8728 631.7526 944.13
Net debt17 986.5017 298.0818 027.2416 991.8916 899.18
Profitability
EBIT-%3.9 %4.3 %11.3 %7.0 %6.3 %
ROA1.3 %1.2 %3.5 %2.8 %2.7 %
ROE-12.1 %-3.4 %3.6 %3.2 %0.5 %
ROI1.5 %1.4 %3.9 %3.1 %2.9 %
Economic value added (EVA)- 454.97- 250.8547.73-51.01- 159.85
Solvency
Equity ratio25.6 %25.3 %25.5 %27.2 %29.0 %
Gearing256.0 %254.0 %252.2 %232.9 %220.3 %
Relative net indebtedness %204.3 %245.4 %233.1 %171.2 %160.5 %
Liquidity
Quick ratio0.70.60.60.60.4
Current ratio0.80.60.70.60.4
Cash and cash equivalents1 270.781 162.10982.901 135.40332.10
Capital use efficiency
Trade debtors turnover (days)5.21.55.910.55.4
Net working capital %-8.1 %-17.2 %-14.7 %-11.9 %-14.1 %
Credit risk
Credit ratingAAAAAA

Variable visualization

ROA:2.65%
Rating: 33/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:29.0%
Rating: 26/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Board member
Chairman of the board
Chief executive officer

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