Fendvig ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 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 earnings | 65.49 | -22.57 | 255.74 | 498.25 | -73.42 |
Shareholders equity total | 303.17 | 209.61 | 415.34 | 841.91 | 710.08 |
Balance sheet total (assets) | 828.17 | 746.48 | 938.47 | 1 375.91 | 1 235.27 |
Net debt | 494.48 | 408.96 | 495.51 | 407.00 | 370.87 |
Profitability | |||||
EBIT-% | |||||
ROA | 11.9 % | 16.0 % | 32.2 % | 46.1 % | 7.8 % |
ROE | 24.2 % | -8.8 % | 81.8 % | 79.3 % | -9.5 % |
ROI | 12.2 % | 16.7 % | 33.4 % | 47.3 % | -4.1 % |
Economic value added (EVA) | -28.72 | -42.83 | -31.68 | -23.55 | -25.26 |
Solvency | |||||
Equity ratio | 36.6 % | 28.1 % | 44.3 % | 61.2 % | 57.5 % |
Gearing | 164.9 % | 238.5 % | 120.4 % | 59.4 % | 70.4 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 29.9 | 17.6 | 28.7 | 25.5 | 29.4 |
Current ratio | 29.9 | 17.6 | 28.7 | 25.5 | 29.4 |
Cash and cash equivalents | 5.52 | 91.04 | 4.49 | 93.01 | 129.13 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BB | BBB | BBB | BBB |
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