FA Service ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About FA Service ApS
FA Service ApS (CVR number: 41137053) is a company from ODENSE. The company reported a net sales of 4.5 mDKK in 2023, demonstrating a growth of 25 % compared to the previous year. The operating profit percentage was poor at -9.8 % (EBIT: -0.4 mDKK), while net earnings were -444.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -36.5 %, which can be considered poor and Return on Equity (ROE) was -61.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -49.4 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. FA Service ApS's liquidity measured by quick ratio was 0.5 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|
Volume | ||||
Net sales | 689.67 | 1 467.96 | 3 584.42 | 4 480.36 |
Gross profit | 286.97 | 964.61 | 2 530.25 | 2 986.16 |
EBIT | 3.29 | -96.18 | - 190.30 | - 440.19 |
Net earnings | 2.56 | - 102.33 | - 194.40 | - 444.84 |
Shareholders equity total | 42.56 | -59.76 | - 254.16 | - 699.00 |
Balance sheet total (assets) | 195.77 | 259.68 | 739.92 | 716.00 |
Net debt | - 144.52 | - 111.88 | - 343.81 | - 278.86 |
Profitability | ||||
EBIT-% | 0.5 % | -6.6 % | -5.3 % | -9.8 % |
ROA | 1.7 % | -37.3 % | -29.0 % | -36.5 % |
ROE | 6.0 % | -67.7 % | -38.9 % | -61.1 % |
ROI | 7.7 % | -451.9 % | ||
Economic value added (EVA) | 3.29 | -91.06 | - 181.68 | - 410.14 |
Solvency | ||||
Equity ratio | 21.7 % | -18.7 % | -25.6 % | -49.4 % |
Gearing | ||||
Relative net indebtedness % | 1.3 % | 14.1 % | 18.1 % | 25.4 % |
Liquidity | ||||
Quick ratio | 1.3 | 0.8 | 0.7 | 0.5 |
Current ratio | 1.3 | 0.8 | 0.7 | 0.5 |
Cash and cash equivalents | 144.52 | 111.88 | 343.81 | 278.86 |
Capital use efficiency | ||||
Trade debtors turnover (days) | 27.1 | 36.7 | 40.3 | 32.7 |
Net working capital % | 6.2 % | -4.1 % | -7.1 % | -15.6 % |
Credit risk | ||||
Credit rating | BB | B | B | B |
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