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 2460.1 kDKK in 2024. The operating profit was -2389.2 kDKK, while net earnings were -2376.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was -35.2 %, which can be considered poor and Return on Equity (ROE) was -48.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -29.9 %. 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 financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | 4 188.19 | 4 460.01 | 3 082.03 | 3 183.80 | 2 460.06 |
| EBIT | 272.32 | 483.70 | - 490.86 | -1 903.06 | -2 389.25 |
| Net earnings | 208.59 | 531.98 | - 441.91 | -1 875.08 | -2 376.74 |
| Shareholders equity total | 210.65 | 742.63 | 300.72 | -1 574.36 | -2 085.49 |
| Balance sheet total (assets) | 3 666.78 | 4 278.88 | 3 922.06 | 4 960.90 | 4 883.15 |
| Net debt | 100.70 | 1 110.70 | 1 799.77 | 3 995.33 | 4 948.15 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 4.7 % | 13.8 % | -10.5 % | -35.9 % | -35.2 % |
| ROE | 196.1 % | 111.6 % | -84.7 % | -71.3 % | -48.3 % |
| ROI | 8.5 % | 29.2 % | -15.9 % | -50.0 % | -45.4 % |
| Economic value added (EVA) | -5.10 | 436.91 | - 632.57 | -2 033.93 | -2 556.11 |
| Solvency | |||||
| Equity ratio | 5.7 % | 17.4 % | 7.7 % | -24.1 % | -29.9 % |
| Gearing | 342.1 % | 279.8 % | 766.1 % | -310.9 % | -266.9 % |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 0.8 | 1.0 | 0.9 | 0.6 | 0.6 |
| Current ratio | 1.0 | 1.2 | 1.1 | 0.8 | 0.7 |
| Cash and cash equivalents | 619.87 | 966.82 | 503.93 | 899.77 | 618.79 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BB | BBB | BBB | BB | BB |
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