FINVEST A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About FINVEST A/S
FINVEST A/S (CVR number: 36746718) is a company from AARHUS. The company recorded a gross profit of 0 kDKK in 2019. The operating profit was 0 kDKK, while net earnings were -1.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -0 %, which can be considered poor and Return on Equity (ROE) was -0.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 95.1 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. FINVEST A/S's liquidity measured by quick ratio was 32.8 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2016 | 2017 | 2018 | 2019 | |
---|---|---|---|---|
Volume | ||||
Net sales | ||||
Gross profit | 37.27 | 73.21 | -17.74 | |
EBIT | -25.43 | 38.16 | -96.31 | |
Net earnings | 37.66 | -1 793.10 | - 772.85 | -1.94 |
Shareholders equity total | 5 198.07 | 3 422.97 | 2 650.12 | 2 648.18 |
Balance sheet total (assets) | 7 136.34 | 4 386.97 | 2 731.53 | 2 783.89 |
Net debt | - 419.59 | 68.16 | -2 026.59 | -2 026.90 |
Profitability | ||||
EBIT-% | ||||
ROA | 1.3 % | -30.7 % | -21.5 % | -0.0 % |
ROE | 0.7 % | -41.6 % | -25.5 % | -0.1 % |
ROI | 1.4 % | -32.0 % | -21.7 % | -0.0 % |
Economic value added (EVA) | -24.09 | 83.12 | - 143.95 | -19.02 |
Solvency | ||||
Equity ratio | 72.8 % | 78.0 % | 97.0 % | 95.1 % |
Gearing | 29.0 % | 27.7 % | 0.5 % | 0.5 % |
Relative net indebtedness % | ||||
Liquidity | ||||
Quick ratio | 3.1 | 90.1 | 32.1 | 32.8 |
Current ratio | 3.1 | 90.1 | 32.1 | 32.8 |
Cash and cash equivalents | 1 927.55 | 879.38 | 2 039.55 | 2 039.55 |
Capital use efficiency | ||||
Trade debtors turnover (days) | ||||
Net working capital % | ||||
Credit risk | ||||
Credit rating | A | BBB | BBB | BBB |
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