FAABORG AUTOTEKNIK ApS — Credit Rating and Financial Key Figures

CVR number: 29785201
Assensvej 87 D, 5600 Faaborg
post@faaborgautoteknik.dk
tel: 63816224

Credit rating

Company information

Official name
FAABORG AUTOTEKNIK ApS
Personnel
5 persons
Established
2006
Company form
Private limited company
Industry
  • Expand more icon953190

About FAABORG AUTOTEKNIK ApS

FAABORG AUTOTEKNIK ApS (CVR number: 29785201) is a company from FAABORG-MIDTFYN. The company recorded a gross profit of 2369.7 kDKK in 2023. The operating profit was 84.4 kDKK, while net earnings were 66 kDKK. The profitability of the company measured by Return on Assets (ROA) was 8.8 %, which can be considered good and Return on Equity (ROE) was 14.9 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 41.5 %, 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. FAABORG AUTOTEKNIK ApS's liquidity measured by quick ratio was 1.4 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.

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 profit2 135.822 149.872 312.781 884.292 369.73
EBIT291.50103.30308.80109.6484.41
Net earnings229.4975.27240.1883.9465.98
Shareholders equity total561.58436.85577.03460.97426.94
Balance sheet total (assets)1 148.391 314.761 050.79902.091 028.06
Net debt- 507.67- 372.78- 237.02- 157.90- 587.49
Profitability
EBIT-%
ROA27.1 %8.4 %26.4 %11.5 %8.8 %
ROE51.4 %15.1 %47.4 %16.2 %14.9 %
ROI61.3 %20.2 %61.2 %19.7 %17.2 %
Economic value added (EVA)226.8277.28237.5567.9655.23
Solvency
Equity ratio48.9 %33.2 %54.9 %51.1 %41.5 %
Gearing1.1 %21.7 %
Relative net indebtedness %
Liquidity
Quick ratio1.41.01.31.31.4
Current ratio1.41.01.41.31.4
Cash and cash equivalents513.59372.78237.02257.90587.49
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBB

Variable visualization

ROA:8.82%
Rating: 54/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:41.5%
Rating: 34/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chief executive officer

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