FANGO ApS — Credit Rating and Financial Key Figures

CVR number: 41460288
Dæmningen 36, 7100 Vejle
info@fango.dk
tel: 53836393
www.fango.dk

Company information

Official name
FANGO ApS
Personnel
13 persons
Established
2020
Company form
Private limited company
Industry

About FANGO ApS

FANGO ApS (CVR number: 41460288) is a company from VEJLE. The company recorded a gross profit of 2029.7 kDKK in 2023. The operating profit was 20.7 kDKK, while net earnings were 13.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.5 %, which can be considered weak but Return on Equity (ROE) was 27.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 5.7 %, 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. FANGO ApS's liquidity measured by quick ratio was 0.6 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
Volume
Net sales
Gross profit539.711 653.912 209.572 029.75
EBIT162.33114.78- 237.9920.69
Net earnings124.8287.57- 211.5413.46
Shareholders equity total166.82254.3942.8556.30
Balance sheet total (assets)519.59551.28734.41982.62
Net debt- 228.15-23.66155.7635.07
Profitability
EBIT-%
ROA31.2 %21.5 %-37.0 %2.5 %
ROE74.8 %41.6 %-142.3 %27.1 %
ROI57.3 %39.0 %-91.5 %10.1 %
Economic value added (EVA)124.9696.99- 216.1219.28
Solvency
Equity ratio32.1 %46.1 %5.8 %5.7 %
Gearing63.5 %7.4 %398.1 %277.9 %
Relative net indebtedness %
Liquidity
Quick ratio1.41.50.40.6
Current ratio1.41.50.40.6
Cash and cash equivalents334.1042.4414.83121.39
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBB

Variable visualization

ROA:2.50%
Rating: 32/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:5.73%
Rating: 6/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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