FIFO NETWORK ApS

CVR number: 27303773
H.P.Hansens Plads 32, 4200 Slagelse
mail@fifonetwork.com
tel: 70273323
www.fifonetwork.com

Credit rating

Company information

Official name
FIFO NETWORK ApS
Personnel
5 persons
Established
2003
Company form
Private limited company
Industry
  • Expand more icon46Wholesale trade, except of motor vehicles and motorcycles

About FIFO NETWORK ApS

FIFO NETWORK ApS (CVR number: 27303773) is a company from SLAGELSE. The company recorded a gross profit of 2302.5 kDKK in 2023. The operating profit was 1062.6 kDKK, while net earnings were 837.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 21.3 %, which can be considered excellent and Return on Equity (ROE) was 24.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 66.6 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. FIFO NETWORK ApS's liquidity measured by quick ratio was 3 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20192020202120222023
Volume
Net sales
Gross profit1 864.191 759.921 382.982 010.772 302.54
EBIT718.19540.93678.671 223.241 062.64
Net earnings549.92406.09525.44945.32837.50
Shareholders equity total2 515.562 421.652 647.093 292.423 629.92
Balance sheet total (assets)3 165.883 043.073 451.104 643.235 447.29
Net debt-1 785.95- 383.61- 141.86-3 010.58-4 066.14
Profitability
EBIT-%
ROA25.2 %17.6 %20.9 %30.2 %21.3 %
ROE24.3 %16.5 %20.7 %31.8 %24.2 %
ROI31.3 %21.8 %26.6 %37.7 %25.6 %
Economic value added (EVA)552.57385.20428.59827.60842.14
Solvency
Equity ratio79.5 %79.6 %76.7 %70.9 %66.6 %
Gearing1.8 %1.3 %16.6 %26.1 %
Relative net indebtedness %
Liquidity
Quick ratio4.94.94.33.43.0
Current ratio4.94.94.33.43.0
Cash and cash equivalents1 830.43416.25141.863 557.225 012.24
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBB

Variable visualization

ROA:21.3%
Rating: 76/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:66.6%
Rating: 51/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Companies in the same industry

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