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 -17.6 kDKK in 2023. The operating profit was -17.6 kDKK, while net earnings were 43.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6 %, which can be considered decent but Return on Equity (ROE) was 0.5 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 26.3 %, 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 5.9 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 | |||||
Gross profit | -13.03 | -14.76 | -13.10 | -21.64 | -17.61 |
EBIT | -13.03 | -14.76 | -13.10 | -21.64 | -17.61 |
Net earnings | 2 443.17 | 1 605.49 | 829.11 | -2 280.77 | 43.65 |
Shareholders equity total | 9 140.80 | 10 746.29 | 11 040.40 | 8 759.63 | 8 803.28 |
Balance sheet total (assets) | 39 550.19 | 38 403.49 | 37 141.26 | 33 768.51 | 33 511.50 |
Net debt | 26 283.58 | 24 367.22 | 23 380.76 | 22 544.61 | 22 778.07 |
Profitability | |||||
EBIT-% | |||||
ROA | 9.3 % | 6.7 % | 4.6 % | -2.2 % | 6.0 % |
ROE | 30.9 % | 16.1 % | 7.6 % | -23.0 % | 0.5 % |
ROI | 9.9 % | 7.0 % | 4.8 % | -2.3 % | 6.0 % |
Economic value added (EVA) | - 907.05 | - 789.29 | - 765.64 | - 601.96 | - 640.00 |
Solvency | |||||
Equity ratio | 23.1 % | 28.0 % | 29.7 % | 25.9 % | 26.3 % |
Gearing | 287.6 % | 226.8 % | 211.8 % | 257.4 % | 258.7 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 3.1 | 3.5 | 2.9 | 2.5 | 5.9 |
Current ratio | 3.1 | 3.5 | 2.9 | 2.5 | 5.9 |
Cash and cash equivalents | 8.46 | 2.13 | 3.75 | 0.43 | |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BBB |
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