FM HOLDING HJØRRING ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About FM HOLDING HJØRRING ApS
FM HOLDING HJØRRING ApS (CVR number: 31327660) is a company from HJØRRING. The company recorded a gross profit of 255.6 kDKK in 2023. The operating profit was -130.4 kDKK, while net earnings were 329 kDKK. The profitability of the company measured by Return on Assets (ROA) was 9 %, which can be considered good but Return on Equity (ROE) was 7.6 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 75 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. FM HOLDING HJØRRING ApS's liquidity measured by quick ratio was 2.3 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 | 215.11 | 224.34 | 157.57 | 226.12 | 255.64 |
EBIT | -8.93 | 0.30 | - 210.47 | - 141.92 | - 130.40 |
Net earnings | 93.09 | 295.29 | - 253.44 | 53.39 | 329.03 |
Shareholders equity total | 4 473.38 | 4 658.07 | 4 291.63 | 4 230.62 | 4 441.86 |
Balance sheet total (assets) | 5 690.10 | 5 975.06 | 5 562.36 | 5 561.55 | 5 919.75 |
Net debt | -2 581.93 | -2 947.73 | -2 584.79 | -1 459.39 | -1 872.16 |
Profitability | |||||
EBIT-% | |||||
ROA | 2.9 % | 7.3 % | -1.0 % | 2.5 % | 9.0 % |
ROE | 2.1 % | 6.5 % | -5.7 % | 1.3 % | 7.6 % |
ROI | 3.7 % | 9.3 % | -1.3 % | 2.8 % | 9.1 % |
Economic value added (EVA) | - 106.84 | -93.56 | - 248.86 | - 195.16 | - 175.86 |
Solvency | |||||
Equity ratio | 78.6 % | 78.0 % | 77.2 % | 76.1 % | 75.0 % |
Gearing | 30.0 % | 30.8 % | |||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 2.2 | 2.4 | 2.1 | 2.1 | 2.3 |
Current ratio | 2.2 | 2.4 | 2.1 | 2.1 | 2.3 |
Cash and cash equivalents | 2 581.93 | 2 947.73 | 2 584.79 | 2 730.12 | 3 238.38 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | A | A | A | A |
Variable visualization
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