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FSAT ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About FSAT ApS
FSAT ApS (CVR number: 39161249) is a company from FURESØ. The company recorded a gross profit of -16.4 kDKK in 2024. The operating profit was -16.4 kDKK, while net earnings were 1815.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 9.3 %, which can be considered good but Return on Equity (ROE) was 18.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 30.3 %, 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. FSAT ApS's liquidity measured by quick ratio was 5.7 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 financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | -14.76 | -13.10 | -21.64 | -17.61 | -16.39 |
| EBIT | -14.76 | -13.10 | -21.64 | -17.61 | -16.39 |
| Net earnings | 1 605.49 | 829.11 | -2 280.77 | 43.65 | 1 815.45 |
| Shareholders equity total | 10 746.29 | 11 040.40 | 8 759.63 | 8 803.28 | 10 618.73 |
| Balance sheet total (assets) | 38 403.49 | 37 141.26 | 33 768.51 | 33 511.50 | 35 051.42 |
| Net debt | 24 367.22 | 23 380.76 | 22 544.61 | 22 778.07 | 22 544.83 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 6.7 % | 4.6 % | -2.2 % | 6.0 % | 9.3 % |
| ROE | 16.1 % | 7.6 % | -23.0 % | 0.5 % | 18.7 % |
| ROI | 7.0 % | 4.8 % | -2.3 % | 6.0 % | 9.4 % |
| Economic value added (EVA) | -1 797.27 | -1 781.17 | -1 742.29 | -1 589.95 | -1 598.60 |
| Solvency | |||||
| Equity ratio | 28.0 % | 29.7 % | 25.9 % | 26.3 % | 30.3 % |
| Gearing | 226.8 % | 211.8 % | 257.4 % | 258.7 % | 212.3 % |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 3.5 | 2.9 | 2.5 | 5.9 | 5.7 |
| Current ratio | 3.5 | 2.9 | 2.5 | 5.9 | 5.7 |
| Cash and cash equivalents | 2.13 | 3.75 | 0.43 | 0.10 | |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | A | A | BBB | BBB | A |
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