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FS2020 Holding ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About FS2020 Holding ApS
FS2020 Holding ApS (CVR number: 41822759) is a company from LYNGBY-TAARBÆK. The company recorded a gross profit of -17.6 kDKK in 2025. The operating profit was -17.6 kDKK, while net earnings were 194.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 35.7 %, which can be considered excellent and Return on Equity (ROE) was 38.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 63.8 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. FS2020 Holding ApS's liquidity measured by quick ratio was 1.8 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | -10.90 | -34.25 | -15.52 | -9.48 | -17.58 |
| EBIT | -10.90 | -34.25 | -15.52 | -9.48 | -17.58 |
| Net earnings | -10.72 | 676.77 | 172.37 | -54.59 | 194.33 |
| Shareholders equity total | 89.28 | 614.06 | 630.43 | 485.83 | 530.16 |
| Balance sheet total (assets) | 826.64 | 877.21 | 1 034.46 | 840.29 | 831.03 |
| Net debt | -48.33 | - 293.42 | - 211.41 | - 167.51 | 210.33 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | -0.8 % | 84.5 % | 34.9 % | 3.4 % | 35.7 % |
| ROE | -12.0 % | 192.4 % | 27.7 % | -9.8 % | 38.3 % |
| ROI | -1.2 % | 98.5 % | 35.8 % | 3.5 % | 37.7 % |
| Economic value added (EVA) | -8.84 | -56.59 | -55.55 | -57.37 | -53.73 |
| Solvency | |||||
| Equity ratio | 10.8 % | 70.0 % | 60.9 % | 57.8 % | 63.8 % |
| Gearing | 565.6 % | 41.4 % | 57.8 % | 63.9 % | 48.6 % |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 1.1 | 2.2 | 1.8 | 1.5 | 1.8 |
| Current ratio | 1.1 | 2.2 | 1.8 | 1.5 | 1.8 |
| Cash and cash equivalents | 553.34 | 547.41 | 575.68 | 477.88 | 47.38 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BBB | A | A | A | A |
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