Fendvig ApS — Credit Rating and Financial Key Figures

CVR number: 38267361
Strandvejen 2, 4872 Idestrup

Credit rating

Company information

Official name
Fendvig ApS
Established
2016
Company form
Private limited company
Industry

About Fendvig ApS

Fendvig ApS (CVR number: 38267361) is a company from GULDBORGSUND. The company recorded a gross profit of -10.7 kDKK in 2023. The operating profit was -10.7 kDKK, while net earnings were -73.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7.8 %, which can be considered decent but Return on Equity (ROE) was -9.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 57.5 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. Fendvig ApS's liquidity measured by quick ratio was 29.4 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit-8.25-12.69-9.38-5.88-10.71
EBIT-8.25-12.69-9.38-5.88-10.71
Net earnings65.49-22.57255.74498.25-73.42
Shareholders equity total303.17209.61415.34841.91710.08
Balance sheet total (assets)828.17746.48938.471 375.911 235.27
Net debt494.48408.96495.51407.00370.87
Profitability
EBIT-%
ROA11.9 %16.0 %32.2 %46.1 %7.8 %
ROE24.2 %-8.8 %81.8 %79.3 %-9.5 %
ROI12.2 %16.7 %33.4 %47.3 %-4.1 %
Economic value added (EVA)-28.72-42.83-31.68-23.55-25.26
Solvency
Equity ratio36.6 %28.1 %44.3 %61.2 %57.5 %
Gearing164.9 %238.5 %120.4 %59.4 %70.4 %
Relative net indebtedness %
Liquidity
Quick ratio29.917.628.725.529.4
Current ratio29.917.628.725.529.4
Cash and cash equivalents5.5291.044.4993.01129.13
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBB

Variable visualization

ROA:7.82%
Rating: 51/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:57.5%
Rating: 45/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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