FYNS SVEJSETEKNIK ApS — Credit Rating and Financial Key Figures

CVR number: 25074467
Smedeløkken 10, 5330 Munkebo
info@fynssvejseteknik.dk
tel: 63115600
www.fynssvejseteknik.dk

Credit rating

Company information

Official name
FYNS SVEJSETEKNIK ApS
Personnel
2 persons
Established
1999
Company form
Private limited company
Industry

About FYNS SVEJSETEKNIK ApS

FYNS SVEJSETEKNIK ApS (CVR number: 25074467) is a company from KERTEMINDE. The company recorded a gross profit of 281 kDKK in 2023. The operating profit was 197.6 kDKK, while net earnings were 132.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 16.3 %, which can be considered excellent but Return on Equity (ROE) was 12.5 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at -7.7 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. FYNS SVEJSETEKNIK ApS's liquidity measured by quick ratio was 0.2 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

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 profit87.0093.00196.00322.00281.05
EBIT65.0054.00134.00273.00197.61
Net earnings20.009.0077.00193.00132.27
Shareholders equity total- 505.00- 494.00- 416.00- 223.00-90.59
Balance sheet total (assets)937.00828.00746.001 026.001 083.59
Net debt1 325.001 136.001 056.00748.00846.14
Profitability
EBIT-%
ROA4.5 %3.9 %10.8 %22.6 %16.3 %
ROE2.1 %1.0 %9.8 %21.8 %12.5 %
ROI4.8 %4.4 %12.2 %29.7 %24.0 %
Economic value added (EVA)91.4379.38158.82293.90210.42
Solvency
Equity ratio-35.0 %-37.4 %-35.8 %-17.9 %-7.7 %
Gearing-262.4 %-230.0 %-253.8 %-349.8 %-960.2 %
Relative net indebtedness %
Liquidity
Quick ratio0.20.10.10.40.2
Current ratio1.11.00.92.23.6
Cash and cash equivalents32.0023.71
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:16.3%
Rating: 68/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-7.71%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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