FAKRO DANMARK A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About FAKRO DANMARK A/S
FAKRO DANMARK A/S (CVR number: 35031294) is a company from HERNING. The company recorded a gross profit of 3183.8 kDKK in 2023. The operating profit was -1903.1 kDKK, while net earnings were -1875.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was -35.9 %, which can be considered poor and Return on Equity (ROE) was -71.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -24.1 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. FAKRO DANMARK A/S's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 2 539.77 | 4 188.19 | 4 460.01 | 3 082.03 | 3 183.80 |
EBIT | -1 923.92 | 272.32 | 483.70 | - 490.86 | -1 903.06 |
Net earnings | -2 269.88 | 208.59 | 531.98 | - 441.91 | -1 875.08 |
Shareholders equity total | 2.06 | 210.65 | 742.63 | 300.72 | -1 574.36 |
Balance sheet total (assets) | 7 920.43 | 3 666.78 | 4 278.88 | 3 922.06 | 4 960.90 |
Net debt | 4 083.12 | 100.70 | 1 110.70 | 1 799.77 | 3 995.33 |
Profitability | |||||
EBIT-% | |||||
ROA | -24.2 % | 4.7 % | 13.8 % | -10.5 % | -35.9 % |
ROE | -571.8 % | 196.1 % | 111.6 % | -84.7 % | -71.3 % |
ROI | -34.8 % | 8.5 % | 29.2 % | -15.9 % | -50.0 % |
Economic value added (EVA) | -1 919.95 | 344.35 | 504.27 | - 479.59 | -1 892.84 |
Solvency | |||||
Equity ratio | 0.0 % | 5.7 % | 17.4 % | 7.7 % | -24.1 % |
Gearing | 267896.2 % | 342.1 % | 279.8 % | 766.1 % | -310.9 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.9 | 0.8 | 1.0 | 0.9 | 0.6 |
Current ratio | 1.0 | 1.0 | 1.2 | 1.1 | 0.8 |
Cash and cash equivalents | 1 435.55 | 619.87 | 966.82 | 503.93 | 899.77 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | BBB | BBB | BB |
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