FANGE ApS — Credit Rating and Financial Key Figures

CVR number: 30178173
Nissestien 13, Kårup 4540 Fårevejle
info@fange.com
tel: 45860923
www.fange.com

Credit rating

Company information

Official name
FANGE ApS
Established
2007
Domicile
Kårup
Company form
Private limited company
Industry
  • Expand more icon46Wholesale trade, except of motor vehicles and motorcycles

About FANGE ApS

FANGE ApS (CVR number: 30178173) is a company from ODSHERRED. The company recorded a gross profit of -18.7 kDKK in 2023. The operating profit was -18.7 kDKK, while net earnings were -29.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was -11.7 %, which can be considered poor and Return on Equity (ROE) was -23 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 100 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. FANGE 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 profit59.19-32.88-18.66
EBIT-10.53256.86-99.37-32.88-18.66
Net earnings-12.45255.06- 103.26-38.60-29.41
Shareholders equity total147.19299.45187.02142.05113.90
Balance sheet total (assets)371.00325.59292.29205.67113.90
Net debt- 322.45- 299.04- 166.03- 141.97- 113.80
Profitability
EBIT-%
ROA-3.9 %73.2 %-33.0 %-14.0 %-11.7 %
ROE-6.2 %114.2 %-42.5 %-23.5 %-23.0 %
ROI-5.9 %103.6 %-33.2 %-14.1 %-11.7 %
Economic value added (EVA)-5.96273.83-96.70-20.53-19.44
Solvency
Equity ratio39.7 %92.0 %64.0 %69.1 %100.0 %
Gearing13.5 %8.7 %54.3 %44.8 %
Relative net indebtedness %
Liquidity
Quick ratio1.612.52.83.2
Current ratio1.712.52.83.2
Cash and cash equivalents342.27325.19267.56205.60113.80
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBB

Variable visualization

ROA:-11.7%
Rating: 8/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:100.0%
Rating: 100/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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