FK DEVELOPMENT ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About FK DEVELOPMENT ApS
FK DEVELOPMENT ApS (CVR number: 27709435) is a company from AARHUS. The company recorded a gross profit of -2.5 kDKK in 2023. The operating profit was -2.5 kDKK, while net earnings were -21.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -1.4 %, which can be considered poor and Return on Equity (ROE) was -259.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -24.2 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. FK DEVELOPMENT ApS's liquidity measured by quick ratio was 0.8 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -16.05 | -1.00 | -1.50 | -2.88 | -2.50 |
EBIT | -16.05 | -1.00 | -1.50 | -2.88 | -2.50 |
Net earnings | -27.50 | -9.97 | -10.50 | -16.03 | -21.86 |
Shareholders equity total | - 299.97 | - 309.94 | - 320.44 | - 336.47 | -3.62 |
Balance sheet total (assets) | 9.52 | 0.63 | 1.00 | 5.52 | 11.31 |
Net debt | 287.84 | 299.94 | 308.93 | 339.12 | 12.06 |
Profitability | |||||
EBIT-% | |||||
ROA | -5.3 % | -0.3 % | -0.5 % | -0.9 % | -1.4 % |
ROE | -177.9 % | -196.6 % | -1292.1 % | -491.6 % | -259.7 % |
ROI | -5.5 % | -0.3 % | -0.5 % | -0.9 % | -1.4 % |
Economic value added (EVA) | -2.22 | 14.55 | 14.07 | 13.86 | 14.96 |
Solvency | |||||
Equity ratio | -96.9 % | -99.8 % | -99.7 % | -98.4 % | -24.2 % |
Gearing | -99.1 % | -96.8 % | -96.4 % | -100.8 % | -333.3 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.0 | 0.0 | 0.0 | 0.0 | 0.8 |
Current ratio | 0.0 | 0.0 | 0.0 | 0.0 | 0.8 |
Cash and cash equivalents | 9.52 | ||||
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | BB | BB | BB |
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