FUNKTIONSSIKRE MASKINER ApS — Credit Rating and Financial Key Figures

CVR number: 29825777
Ganeråparken 24, 6900 Skjern
pj@funktionssikre-maskiner.dk
tel: 97338516

Company information

Official name
FUNKTIONSSIKRE MASKINER ApS
Personnel
2 persons
Established
2006
Company form
Private limited company
Industry

About FUNKTIONSSIKRE MASKINER ApS

FUNKTIONSSIKRE MASKINER ApS (CVR number: 29825777) is a company from RINGKØBING-SKJERN. The company recorded a gross profit of 830.6 kDKK in 2023. The operating profit was 64.2 kDKK, while net earnings were 34.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.2 %, which can be considered weak and Return on Equity (ROE) was 0.9 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 55.8 %, 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. FUNKTIONSSIKRE MASKINER ApS's liquidity measured by quick ratio was 0 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 109.131 108.801 447.701 001.37830.63
EBIT24.1653.89375.77- 115.3864.19
Net earnings-15.55-13.21240.81- 189.2934.33
Shareholders equity total4 933.384 809.574 937.393 633.703 668.03
Balance sheet total (assets)6 517.037 225.677 501.527 886.306 569.13
Net debt775.39773.451 130.543 495.672 407.83
Profitability
EBIT-%
ROA0.5 %0.8 %5.1 %-1.5 %1.2 %
ROE-0.3 %-0.3 %4.9 %-4.4 %0.9 %
ROI0.6 %0.9 %6.2 %-1.7 %1.3 %
Economic value added (EVA)- 183.32- 246.602.26- 413.28- 243.63
Solvency
Equity ratio75.7 %66.6 %65.8 %46.1 %55.8 %
Gearing16.7 %16.3 %25.1 %96.5 %66.9 %
Relative net indebtedness %
Liquidity
Quick ratio0.30.20.20.00.0
Current ratio0.30.20.20.00.0
Cash and cash equivalents47.5110.98109.3910.4146.59
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingABBBAAA

Variable visualization

ROA:1.22%
Rating: 26/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:55.8%
Rating: 44/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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