4FINANCE ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About 4FINANCE ApS
4FINANCE ApS (CVR number: 32557864) is a company from KØBENHAVN. The company recorded a gross profit of 9553.7 kDKK in 2023. The operating profit was 6033.2 kDKK, while net earnings were 4708.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 18.6 %, which can be considered excellent and Return on Equity (ROE) was 23.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 39.5 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. 4FINANCE ApS's liquidity measured by quick ratio was 1.7 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 financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 165 431.50 | 101 458.43 | 23 131.86 | 17 248.23 | 9 553.75 |
EBIT | 143 735.01 | 83 411.44 | 1 555.97 | 10 087.50 | 6 033.22 |
Net earnings | 106 885.79 | 59 317.90 | -1 964.25 | 7 362.07 | 4 708.37 |
Shareholders equity total | 79 397.75 | 63 715.65 | 61 751.40 | 31 913.47 | 8 621.85 |
Balance sheet total (assets) | 251 197.19 | 124 274.25 | 89 695.79 | 42 977.59 | 21 816.51 |
Net debt | 116 272.92 | 17 352.89 | 9 046.60 | -25 512.52 | -6 819.45 |
Profitability | |||||
EBIT-% | |||||
ROA | 58.9 % | 44.6 % | 1.9 % | 15.2 % | 18.6 % |
ROE | 102.3 % | 82.9 % | -3.1 % | 15.7 % | 23.2 % |
ROI | 69.0 % | 56.2 % | 2.4 % | 17.9 % | 27.4 % |
Economic value added (EVA) | 106 650.11 | 61 348.33 | -1 086.67 | 4 965.84 | 4 540.27 |
Solvency | |||||
Equity ratio | 31.6 % | 51.3 % | 68.8 % | 74.3 % | 39.5 % |
Gearing | 159.2 % | 41.4 % | 22.9 % | 2.4 % | 9.2 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.4 | 2.0 | 3.4 | 4.7 | 1.7 |
Current ratio | 1.4 | 2.0 | 3.4 | 4.7 | 1.7 |
Cash and cash equivalents | 10 109.30 | 9 036.35 | 5 081.39 | 26 263.59 | 7 609.41 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | BBB | BBB | A | A |
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