FM HOLDING HJØRRING ApS — Credit Rating and Financial Key Figures

CVR number: 31327660
Skovgrunden 8, 9850 Hirtshals
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Company information

Official name
FM HOLDING HJØRRING ApS
Personnel
1 person
Established
2008
Company form
Private limited company
Industry

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit215.11224.34157.57226.12255.64
EBIT-8.930.30- 210.47- 141.92- 130.40
Net earnings93.09295.29- 253.4453.39329.03
Shareholders equity total4 473.384 658.074 291.634 230.624 441.86
Balance sheet total (assets)5 690.105 975.065 562.365 561.555 919.75
Net debt-2 581.93-2 947.73-2 584.79-1 459.39-1 872.16
Profitability
EBIT-%
ROA2.9 %7.3 %-1.0 %2.5 %9.0 %
ROE2.1 %6.5 %-5.7 %1.3 %7.6 %
ROI3.7 %9.3 %-1.3 %2.8 %9.1 %
Economic value added (EVA)- 106.84-93.56- 248.86- 195.16- 175.86
Solvency
Equity ratio78.6 %78.0 %77.2 %76.1 %75.0 %
Gearing30.0 %30.8 %
Relative net indebtedness %
Liquidity
Quick ratio2.22.42.12.12.3
Current ratio2.22.42.12.12.3
Cash and cash equivalents2 581.932 947.732 584.792 730.123 238.38
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:9.01%
Rating: 54/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:75.0%
Rating: 56/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

Companies in the same industry

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