Fintech Solution Lab ApS — Credit Rating and Financial Key Figures

CVR number: 36734205
Gærtorvet 3, 1799 København V
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tel: 33210111

Company information

Official name
Fintech Solution Lab ApS
Established
2015
Company form
Private limited company
Industry

About Fintech Solution Lab ApS

Fintech Solution Lab ApS (CVR number: 36734205) is a company from KØBENHAVN. The company recorded a gross profit of 2945.2 kDKK in 2023. The operating profit was -8615.1 kDKK, while net earnings were -16.5 mDKK. The profitability of the company measured by Return on Assets (ROA) was -26.1 %, which can be considered poor and Return on Equity (ROE) was -80 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -28.6 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Fintech Solution Lab ApS's liquidity measured by quick ratio was 0.1 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 profit1 852.172 367.823 229.703 250.812 945.20
EBIT- 696.62- 697.06- 421.88-5 090.40-8 615.07
Net earnings-7 346.992 435.18-2 077.53-29 667.20-16 454.97
Shareholders equity total12 092.3129 639.6729 682.5315.33-16 439.64
Balance sheet total (assets)32 029.6152 090.7356 149.5040 944.1641 126.15
Net debt8 485.95-1 437.1726 024.7540 788.6545 573.37
Profitability
EBIT-%
ROA-18.6 %10.3 %-0.8 %-57.1 %-26.1 %
ROE-57.6 %11.7 %-7.0 %-199.8 %-80.0 %
ROI-18.7 %10.3 %-0.8 %-57.2 %-29.7 %
Economic value added (EVA)32.09249.26705.76-4 764.17-8 382.92
Solvency
Equity ratio37.8 %56.9 %52.9 %0.0 %-28.6 %
Gearing71.7 %0.0 %88.9 %266491.3 %-277.5 %
Relative net indebtedness %
Liquidity
Quick ratio0.127.77.80.70.1
Current ratio0.127.77.80.70.1
Cash and cash equivalents184.001 437.61368.2956.4850.15
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBAAABBBB

Variable visualization

ROA:-26.1%
Rating: 0/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-28.6%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member

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