FUNDER ENGINEERING ApS — Credit Rating and Financial Key Figures

CVR number: 33857691
Vesterlundvej 125, 8600 Silkeborg
funder@mail.dk
tel: 51299035

Credit rating

Company information

Official name
FUNDER ENGINEERING ApS
Personnel
1 person
Established
2011
Company form
Private limited company
Industry

About FUNDER ENGINEERING ApS

FUNDER ENGINEERING ApS (CVR number: 33857691) is a company from SILKEBORG. The company recorded a gross profit of 1790.1 kDKK in 2023. The operating profit was 1170 kDKK, while net earnings were 978.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 102.6 %, which can be considered excellent and Return on Equity (ROE) was 124.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 68.7 %, 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. FUNDER ENGINEERING ApS's liquidity measured by quick ratio was 3.1 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit-17.21-26.73-7.68347.141 790.13
EBIT-55.03-54.69-7.68201.891 169.99
Net earnings- 418.85- 528.10- 192.98198.33978.27
Shareholders equity total933.29405.19212.20353.331 215.50
Balance sheet total (assets)1 042.80533.93249.68510.991 768.64
Net debt- 235.50- 212.05- 223.47- 255.28-1 007.02
Profitability
EBIT-%
ROA-5.5 %-66.3 %44.2 %53.1 %102.6 %
ROE-36.7 %-78.9 %-62.5 %70.1 %124.7 %
ROI-5.6 %-75.8 %-59.1 %67.7 %144.4 %
Economic value added (EVA)-55.41-25.55-0.22202.45975.87
Solvency
Equity ratio89.5 %75.9 %85.0 %69.1 %68.7 %
Gearing2.2 %5.0 %8.7 %1.6 %
Relative net indebtedness %
Liquidity
Quick ratio3.42.76.73.23.1
Current ratio3.42.76.73.23.1
Cash and cash equivalents255.66232.21223.47286.021 025.89
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBB

Variable visualization

ROA:102.6%
Rating: 100/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:68.7%
Rating: 52/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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