FU III ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About FU III ApS
FU III ApS (CVR number: 41969997K) is a company from ASSENS. The company reported a net sales of 2982.1 mDKK in 2023, demonstrating a growth of 0.4 % compared to the previous year. The operating profit percentage was at 3.4 % (EBIT: 100.4 mDKK), while net earnings were 78.4 mDKK. The profitability of the company measured by Return on Assets (ROA) was 18.6 %, which can be considered excellent and Return on Equity (ROE) was 39610.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 69.5 %, 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. FU III ApS's liquidity measured by quick ratio was 7.5 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 financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2021 | 2022 | 2023 | |
---|---|---|---|
Volume | |||
Net sales | 2 431.95 | 2 971.68 | 2 982.12 |
Gross profit | 233.40 | 258.06 | 283.85 |
EBIT | 71.10 | 91.62 | 100.38 |
Net earnings | 53.39 | 58.60 | 78.43 |
Shareholders equity total | 106.54 | 168.25 | 203.90 |
Balance sheet total (assets) | 543.21 | 592.16 | 597.66 |
Net debt | 101.64 | 100.90 | 44.04 |
Profitability | |||
EBIT-% | 2.9 % | 3.1 % | 3.4 % |
ROA | 15.1 % | 16.3 % | 18.6 % |
ROE | 355940.0 % | 66595.5 % | 39610.6 % |
ROI | 35.2 % | 22.0 % | 18.8 % |
Economic value added (EVA) | 52.79 | 65.22 | 67.47 |
Solvency | |||
Equity ratio | 19.6 % | 62.8 % | 69.5 % |
Gearing | 106.8 % | 66.9 % | 27.3 % |
Relative net indebtedness % | 17.3 % | 2.8 % | 2.5 % |
Liquidity | |||
Quick ratio | 1.0 | 6.4 | 7.5 |
Current ratio | 1.2 | 8.1 | 9.4 |
Cash and cash equivalents | 12.13 | 11.58 | 11.71 |
Capital use efficiency | |||
Trade debtors turnover (days) | 49.9 | 45.5 | 46.7 |
Net working capital % | 3.2 % | 15.8 % | 16.4 % |
Credit risk | |||
Credit rating | BBB | BBB | BBB |
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