FAGTEK A/S — Credit Rating and Financial Key Figures

CVR number: 26799333
Brogesvej 18, 7441 Bording
post@fagtek.dk
tel: 86659051

Company information

Official name
FAGTEK A/S
Personnel
15 persons
Established
2002
Company form
Limited company
Industry

About FAGTEK A/S

FAGTEK A/S (CVR number: 26799333) is a company from IKAST-BRANDE. The company recorded a gross profit of 10.2 mDKK in 2023. The operating profit was 1166.2 kDKK, while net earnings were 839.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 14.4 %, which can be considered good but Return on Equity (ROE) was 20.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 52.6 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. FAGTEK A/S's liquidity measured by quick ratio was 0.9 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

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 profit9 098.138 359.839 393.718 559.4810 238.57
EBIT3 043.181 480.551 020.59738.401 166.16
Net earnings2 343.601 103.23754.68497.45839.82
Shareholders equity total4 572.693 175.923 256.263 753.704 593.52
Balance sheet total (assets)9 555.246 162.328 174.947 421.008 737.35
Net debt-3 274.95- 334.832 217.141 762.011 431.59
Profitability
EBIT-%
ROA34.8 %18.8 %14.3 %9.5 %14.4 %
ROE53.3 %28.5 %23.5 %14.2 %20.1 %
ROI54.1 %30.4 %21.3 %12.9 %19.5 %
Economic value added (EVA)2 248.831 126.82660.08410.38720.44
Solvency
Equity ratio47.9 %51.5 %39.8 %50.6 %52.6 %
Gearing21.0 %5.8 %68.3 %47.0 %31.5 %
Relative net indebtedness %
Liquidity
Quick ratio1.51.20.80.80.9
Current ratio2.12.31.72.22.2
Cash and cash equivalents4 234.58518.215.832.5213.54
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAAAA

Variable visualization

ROA:14.4%
Rating: 65/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:52.6%
Rating: 42/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Board member

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