Fanwine ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Fanwine ApS
Fanwine ApS (CVR number: 38600567) is a company from DRAGØR. The company reported a net sales of 1.1 mDKK in 2023, demonstrating a decline of -10.7 % compared to the previous year. The operating profit percentage was at 0.3 % (EBIT: 0 mDKK), while net earnings were -6.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.7 %, which can be considered weak but Return on Equity (ROE) was -2.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 47.8 %, 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. Fanwine ApS's liquidity measured by quick ratio was 1.1 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 1 117.06 | 2 049.65 | 1 740.53 | 1 230.99 | 1 099.59 |
Gross profit | 164.57 | 401.99 | 151.81 | -23.06 | 36.37 |
EBIT | 56.08 | 118.43 | 95.35 | -34.96 | 2.87 |
Net earnings | 31.72 | 81.11 | 68.22 | -38.31 | -6.18 |
Shareholders equity total | 98.30 | 202.29 | 289.75 | 251.44 | 245.26 |
Balance sheet total (assets) | 349.30 | 484.02 | 464.80 | 414.69 | 513.43 |
Net debt | - 116.63 | - 151.96 | - 108.23 | -67.35 | -43.61 |
Profitability | |||||
EBIT-% | 5.0 % | 5.8 % | 5.5 % | -2.8 % | 0.3 % |
ROA | 19.1 % | 27.0 % | 19.9 % | -8.0 % | 0.7 % |
ROE | 38.5 % | 54.0 % | 27.7 % | -14.2 % | -2.5 % |
ROI | 35.5 % | 43.9 % | 26.8 % | -9.3 % | 0.9 % |
Economic value added (EVA) | 47.16 | 98.62 | 77.17 | -38.76 | -1.06 |
Solvency | |||||
Equity ratio | 28.1 % | 41.8 % | 62.3 % | 60.6 % | 47.8 % |
Gearing | 107.7 % | 52.4 % | 36.6 % | 42.1 % | 43.2 % |
Relative net indebtedness % | 2.5 % | 1.2 % | -2.2 % | -0.8 % | 10.8 % |
Liquidity | |||||
Quick ratio | 1.0 | 1.0 | 1.3 | 1.4 | 1.1 |
Current ratio | 1.4 | 1.7 | 2.7 | 2.5 | 1.9 |
Cash and cash equivalents | 222.53 | 257.86 | 214.14 | 173.25 | 149.52 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 1.7 | 2.7 | |||
Net working capital % | 8.8 % | 9.9 % | 16.6 % | 20.4 % | 22.3 % |
Credit risk | |||||
Credit rating | BB | BB | BB | B | BB |
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