Fellow Pay A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About Fellow Pay A/S
Fellow Pay A/S (CVR number: 39903989) is a company from KØBENHAVN. The company recorded a gross profit of -592.7 kDKK in 2023. The operating profit was -942.8 kDKK, while net earnings were -826.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was -15.8 %, which can be considered poor and Return on Equity (ROE) was -25 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 65.7 %, 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. Fellow Pay A/S's liquidity measured by quick ratio was 2.7 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 financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 6.13 | ||||
Gross profit | 6.13 | - 436.80 | - 420.28 | - 592.65 | |
EBIT | 6.13 | 152.04 | - 436.80 | -1 617.78 | - 942.75 |
Net earnings | 4.52 | -65.11 | - 445.30 | -1 619.79 | - 826.43 |
Shareholders equity total | 404.52 | 1 453.35 | 1 008.05 | 3 371.35 | 3 228.97 |
Balance sheet total (assets) | 775.51 | 1 454.62 | 3 894.34 | 5 448.01 | 4 912.89 |
Net debt | 264.92 | - 697.41 | 373.92 | 1 291.38 | 1 258.32 |
Profitability | |||||
EBIT-% | 100.0 % | ||||
ROA | 0.8 % | 13.6 % | -16.2 % | -34.6 % | -15.8 % |
ROE | 1.1 % | -7.0 % | -36.2 % | -74.0 % | -25.0 % |
ROI | 0.8 % | 13.7 % | -28.6 % | -51.7 % | -17.8 % |
Economic value added (EVA) | 4.78 | 157.08 | - 455.97 | -1 638.64 | -1 091.03 |
Solvency | |||||
Equity ratio | 52.0 % | 99.9 % | 25.9 % | 61.9 % | 65.7 % |
Gearing | 91.4 % | 56.2 % | 38.9 % | 39.6 % | |
Relative net indebtedness % | 4365.4 % | ||||
Liquidity | |||||
Quick ratio | 1.0 | 827.8 | 1.2 | 2.4 | 2.7 |
Current ratio | 1.0 | 827.8 | 1.2 | 2.4 | 2.7 |
Cash and cash equivalents | 104.79 | 697.41 | 192.82 | 20.49 | 19.58 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | 73.8 % | ||||
Credit risk | |||||
Credit rating | BBB | BBB | BB | BB | BB |
Variable visualization
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