Fair Fitness G4 ApS — Credit Rating and Financial Key Figures

CVR number: 39069075
Nygade 12 A, 4300 Holbæk

Company information

Official name
Fair Fitness G4 ApS
Personnel
7 persons
Established
2017
Company form
Private limited company
Industry

About Fair Fitness G4 ApS

Fair Fitness G4 ApS (CVR number: 39069075) is a company from HOLBÆK. The company recorded a gross profit of 1759.1 kDKK in 2023. The operating profit was 437.5 kDKK, while net earnings were 208.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 11.1 %, which can be considered good but Return on Equity (ROE) was 20.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 18.4 %, 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. Fair Fitness G4 ApS's liquidity measured by quick ratio was 0.3 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 profit298.30803.88314.01750.021 759.13
EBIT48.40504.83-1.92216.33437.47
Net earnings52.77392.73-7.65168.34208.23
Shareholders equity total350.70743.43735.78904.131 112.36
Balance sheet total (assets)1 195.251 333.781 234.271 827.426 051.39
Net debt118.12-31.92-58.16- 177.933 085.36
Profitability
EBIT-%
ROA4.0 %39.9 %-0.1 %14.1 %11.1 %
ROE16.3 %71.8 %-1.0 %20.5 %20.7 %
ROI5.9 %60.4 %-0.2 %22.0 %12.8 %
Economic value added (EVA)47.63379.92-32.30134.70309.09
Solvency
Equity ratio29.3 %55.7 %59.6 %49.5 %18.4 %
Gearing53.5 %13.5 %8.1 %393.0 %
Relative net indebtedness %
Liquidity
Quick ratio0.10.90.40.50.3
Current ratio0.10.90.40.50.3
Cash and cash equivalents69.37132.5958.16251.071 285.75
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBABBBAA

Variable visualization

ROA:11.1%
Rating: 60/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:18.4%
Rating: 18/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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