FVAR ApS — Credit Rating and Financial Key Figures

CVR number: 37814296
Baunehøjparken 58, 8410 Rønde

Credit rating

Company information

Official name
FVAR ApS
Personnel
1 person
Established
2016
Company form
Private limited company
Industry
  • Expand more icon642120

About FVAR ApS

FVAR ApS (CVR number: 37814296) is a company from SYDDJURS. The company recorded a gross profit of 237.6 kDKK in 2023. The operating profit was 216 kDKK, while net earnings were 2204.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 27.4 %, which can be considered excellent and Return on Equity (ROE) was 65.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 43.5 %, 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. FVAR ApS's liquidity measured by quick ratio was 1 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

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 profit55.4773.5953.36231.10237.59
EBIT48.9865.0632.23218.19215.97
Net earnings27.72116.90808.931 265.322 204.20
Shareholders equity total92.09208.991 017.932 283.254 487.45
Balance sheet total (assets)3 503.074 031.357 838.498 392.0310 320.81
Net debt85.13182.552 318.691 561.392 208.70
Profitability
EBIT-%
ROA4.6 %5.8 %16.8 %18.9 %27.4 %
ROE35.4 %77.7 %131.9 %76.7 %65.1 %
ROI67.6 %72.0 %53.0 %42.5 %48.3 %
Economic value added (EVA)39.1162.7645.87156.87143.42
Solvency
Equity ratio2.6 %5.2 %13.0 %27.2 %43.5 %
Gearing93.4 %105.5 %227.8 %69.6 %50.4 %
Relative net indebtedness %
Liquidity
Quick ratio0.20.30.30.41.0
Current ratio0.20.30.30.41.0
Cash and cash equivalents0.8737.9628.8752.38
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:27.4%
Rating: 82/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:43.5%
Rating: 36/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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