EASY FAIR A/S — Credit Rating and Financial Key Figures

CVR number: 27986986
Industrivej Nord 11, Birk 7400 Herning

Credit rating

Company information

Official name
EASY FAIR A/S
Personnel
28 persons
Established
2004
Domicile
Birk
Company form
Limited company
Industry

About EASY FAIR A/S

EASY FAIR A/S (CVR number: 27986986) is a company from HERNING. The company recorded a gross profit of 13.5 mDKK in 2023. The operating profit was 171.9 kDKK, while net earnings were 61.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.6 %, which can be considered weak but Return on Equity (ROE) was 11.6 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 11.2 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. EASY FAIR A/S's liquidity measured by quick ratio was 0.4 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

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 profit12 399.018 648.537 330.7613 536.0213 492.70
EBIT1 519.69- 842.34-1 475.661 033.25171.94
Net earnings1 107.55- 704.86-1 228.34759.8461.61
Shareholders equity total7 788.12967.05- 261.29498.55560.16
Balance sheet total (assets)13 885.026 854.519 142.568 491.934 984.35
Net debt687.832 638.883 237.232 380.05838.98
Profitability
EBIT-%
ROA10.1 %-8.1 %-18.1 %11.6 %2.6 %
ROE15.1 %-16.1 %-24.3 %15.8 %11.6 %
ROI15.3 %-12.3 %-43.1 %34.0 %8.3 %
Economic value added (EVA)843.26-1 049.74-1 204.37805.8292.55
Solvency
Equity ratio56.1 %14.1 %-2.8 %5.9 %11.2 %
Gearing8.8 %272.9 %-1238.9 %477.4 %149.8 %
Relative net indebtedness %
Liquidity
Quick ratio0.80.60.70.70.4
Current ratio0.80.60.70.70.4
Cash and cash equivalents
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAABBBBBBBBBBB

Variable visualization

ROA:2.63%
Rating: 33/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:11.2%
Rating: 11/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Board member
Chairman of the board

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