United Fintech Denmark ApS — Credit Rating and Financial Key Figures

CVR number: 41233230
Holmens Kanal 7, 1060 København K
unitedfintech.com

Credit rating

Company information

Official name
United Fintech Denmark ApS
Personnel
19 persons
Established
2020
Company form
Private limited company
Industry

About United Fintech Denmark ApS

United Fintech Denmark ApS (CVR number: 41233230) is a company from KØBENHAVN. The company recorded a gross profit of 12.8 mDKK in 2023. The operating profit was 543.2 kDKK, while net earnings were 395.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 18.7 %, which can be considered excellent and Return on Equity (ROE) was 54.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 30.5 %, 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. United Fintech Denmark ApS's liquidity measured by quick ratio was 1.2 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
Volume
Net sales
Gross profit704.663 524.6610 570.5312 833.37
EBIT51.10203.11499.24543.23
Net earnings14.79107.10351.91395.67
Shareholders equity total64.79171.89523.80919.47
Balance sheet total (assets)2 285.831 088.462 852.323 018.53
Net debt1 650.49- 294.21-87.50105.15
Profitability
EBIT-%
ROA2.4 %12.3 %25.7 %18.7 %
ROE22.8 %90.5 %101.2 %54.8 %
ROI3.0 %21.1 %60.2 %37.5 %
Economic value added (EVA)37.30157.10374.12435.93
Solvency
Equity ratio2.8 %15.8 %18.4 %30.5 %
Gearing2682.2 %188.0 %53.7 %
Relative net indebtedness %
Liquidity
Quick ratio1.01.21.01.2
Current ratio1.01.21.01.2
Cash and cash equivalents87.24294.211 072.29388.96
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBB

Variable visualization

ROA:18.7%
Rating: 72/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:30.5%
Rating: 27/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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