Fair Finans Ejendomskreditselskab A/S — Credit Rating and Financial Key Figures

CVR number: 19646998
Søndergade 2, 8000 Aarhus C
jonna@fairfinans.com
tel: 86139933

Company information

Official name
Fair Finans Ejendomskreditselskab A/S
Personnel
5 persons
Established
1996
Company form
Limited company
Industry

About Fair Finans Ejendomskreditselskab A/S

Fair Finans Ejendomskreditselskab A/S (CVR number: 19646998) is a company from AARHUS. The company recorded a gross profit of 3038.4 kDKK in 2023. The operating profit was 1326.3 kDKK, while net earnings were 1159.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 14 %, which can be considered good and Return on Equity (ROE) was 11 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 83.3 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Fair Finans Ejendomskreditselskab A/S's liquidity measured by quick ratio was 15.7 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit2 617.094 448.935 026.704 936.003 038.45
EBIT336.102 548.163 324.883 292.191 326.34
Net earnings2 327.693 371.883 051.692 596.741 159.28
Shareholders equity total6 991.769 163.6410 815.3310 412.0710 571.35
Balance sheet total (assets)10 220.4315 064.7913 566.2911 770.2312 695.54
Net debt- 860.24- 529.00- 980.22-1 602.40-1 977.63
Profitability
EBIT-%
ROA12.9 %27.0 %26.0 %27.3 %14.0 %
ROE34.1 %41.7 %30.5 %24.5 %11.0 %
ROI15.9 %36.9 %33.5 %29.8 %14.9 %
Economic value added (EVA)15.652 386.312 686.542 257.14499.19
Solvency
Equity ratio68.4 %60.8 %79.7 %88.5 %83.3 %
Gearing16.9 %12.8 %9.8 %9.4 %9.0 %
Relative net indebtedness %
Liquidity
Quick ratio3.51.64.427.415.7
Current ratio3.61.64.628.517.0
Cash and cash equivalents2 043.341 705.032 039.892 584.592 927.63
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAA

Variable visualization

ROA:14.0%
Rating: 65/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:83.3%
Rating: 63/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

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