Finn Mogensen Invest ApS — Credit Rating and Financial Key Figures

CVR number: 40451498
Stærevænget 6, Rågeleje 3210 Vejby

Company information

Official name
Finn Mogensen Invest ApS
Established
2019
Domicile
Rågeleje
Company form
Private limited company
Industry

About Finn Mogensen Invest ApS

Finn Mogensen Invest ApS (CVR number: 40451498) is a company from GRIBSKOV. The company recorded a gross profit of 251.5 kDKK in 2023. The operating profit was 221.7 kDKK, while net earnings were 206.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 12.9 %, which can be considered good and Return on Equity (ROE) was 14.6 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 29.2 %, 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. Finn Mogensen Invest ApS's liquidity measured by quick ratio was 0.3 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 profit235.22229.91259.58254.76251.52
EBIT205.40200.09229.76224.94221.70
Net earnings148.99108.97- 130.04235.97206.80
Shareholders equity total1 095.171 204.141 074.111 310.071 516.87
Balance sheet total (assets)2 309.773 115.373 318.223 499.305 202.07
Net debt549.98560.93745.27449.742 262.72
Profitability
EBIT-%
ROA9.0 %15.7 %13.1 %16.2 %12.9 %
ROE14.6 %9.5 %-11.4 %19.8 %14.6 %
ROI11.8 %17.3 %13.8 %17.1 %13.5 %
Economic value added (EVA)99.6196.15161.13177.30175.44
Solvency
Equity ratio47.4 %38.7 %32.4 %37.4 %29.2 %
Gearing58.8 %126.3 %176.4 %138.1 %215.4 %
Relative net indebtedness %
Liquidity
Quick ratio0.20.60.60.70.3
Current ratio0.20.60.60.70.3
Cash and cash equivalents93.96959.381 149.571 360.081 004.82
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:12.9%
Rating: 63/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:29.2%
Rating: 26/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chairman of the board

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