Credit rating
Company information
About Radio FM4 A/S
Radio FM4 A/S (CVR number: 40447482) is a company from AARHUS. The company reported a net sales of 104.7 mDKK in 2023, demonstrating a growth of 6.5 % compared to the previous year. The operating profit percentage was poor at -0 % (EBIT: -0 mDKK), while net earnings were 1272.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3 %, which can be considered weak but Return on Equity (ROE) was 4.9 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 72.5 %, 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. Radio FM4 A/S's liquidity measured by quick ratio was 7.9 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 financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 16.11 | 98.32 | 97.83 | 98.38 | 104.74 |
Gross profit | 8.62 | 38.95 | 49.24 | 47.97 | 47.13 |
EBIT | 0.03 | 1.24 | 1.66 | 1.62 | -0.02 |
Net earnings | 0.02 | 0.97 | 1.24 | 1.26 | 1.27 |
Shareholders equity total | 25.02 | 25.99 | 25.98 | 25.99 | 26.01 |
Balance sheet total (assets) | 57.81 | 52.86 | 59.59 | 57.25 | 58.92 |
Net debt | -28.07 | 6.06 | 8.35 | ||
Profitability | |||||
EBIT-% | 0.2 % | 1.3 % | 1.7 % | 1.6 % | -0.0 % |
ROA | 0.1 % | 2.2 % | 2.9 % | 3.1 % | 3.0 % |
ROE | 0.1 % | 3.8 % | 4.8 % | 4.8 % | 4.9 % |
ROI | 0.1 % | 2.9 % | 2.9 % | 3.1 % | 2.9 % |
Economic value added (EVA) | 0.03 | 2.04 | 0.35 | -0.05 | -1.27 |
Solvency | |||||
Equity ratio | 43.3 % | 100.0 % | 100.0 % | 75.8 % | 72.5 % |
Gearing | 31.6 % | 23.3 % | 32.1 % | ||
Relative net indebtedness % | -19.7 % | 7.6 % | 8.6 % | ||
Liquidity | |||||
Quick ratio | 1.2 | 9.5 | 7.9 | ||
Current ratio | 1.2 | 9.5 | 7.9 | ||
Cash and cash equivalents | 35.97 | ||||
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | 30.5 % | 44.0 % | 43.5 % | ||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BBB |
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