FairLiving ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About FairLiving ApS
FairLiving ApS (CVR number: 43302280) is a company from AARHUS. The company recorded a gross profit of -299.8 kDKK in 2024. The operating profit was -580.2 kDKK, while net earnings were -576.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -103.1 %, which can be considered poor and Return on Equity (ROE) was -436.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -70.6 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. FairLiving ApS's liquidity measured by quick ratio was 2.5 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 financials2022 | 2023 | 2024 | |
|---|---|---|---|
| Volume | |||
| Net sales | |||
| Gross profit | - 172.14 | - 350.63 | - 299.84 |
| EBIT | - 172.14 | - 522.40 | - 580.23 |
| Net earnings | - 138.13 | - 425.25 | - 576.55 |
| Shareholders equity total | -98.13 | 41.62 | - 534.93 |
| Balance sheet total (assets) | 278.48 | 368.44 | 222.59 |
| Net debt | 208.60 | 178.75 | 675.81 |
| Profitability | |||
| EBIT-% | |||
| ROA | -45.7 % | -140.2 % | -103.1 % |
| ROE | -49.6 % | -265.7 % | -436.4 % |
| ROI | -45.9 % | -148.1 % | -110.4 % |
| Economic value added (EVA) | - 134.42 | - 421.56 | - 570.63 |
| Solvency | |||
| Equity ratio | -26.1 % | 11.3 % | -70.6 % |
| Gearing | -382.3 % | 693.0 % | -134.8 % |
| Relative net indebtedness % | |||
| Liquidity | |||
| Quick ratio | 9.5 | 4.4 | 2.5 |
| Current ratio | 12.2 | 6.6 | 3.9 |
| Cash and cash equivalents | 166.56 | 109.70 | 45.11 |
| Capital use efficiency | |||
| Trade debtors turnover (days) | |||
| Net working capital % | |||
| Credit risk | |||
| Credit rating | BB | B | B |
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