FF HANDELSAFDELING ApS — Credit Rating and Financial Key Figures

CVR number: 81076618
Havnevagtvej 12, 9990 Skagen

Credit rating

Company information

Official name
FF HANDELSAFDELING ApS
Personnel
11 persons
Established
1977
Company form
Private limited company
Industry
  • Expand more icon46Wholesale trade, except of motor vehicles and motorcycles

About FF HANDELSAFDELING ApS

FF HANDELSAFDELING ApS (CVR number: 81076618) is a company from FREDERIKSHAVN. The company recorded a gross profit of 10.4 mDKK in 2023. The operating profit was 4090.6 kDKK, while net earnings were 3699.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 11.2 %, which can be considered good but Return on Equity (ROE) was 16.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 66.7 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. FF HANDELSAFDELING ApS's liquidity measured by quick ratio was 2.2 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
20192020202120222023
Volume
Net sales
Gross profit11 059.7510 363.70
EBIT4 759.005 084.003 276.004 618.304 090.65
Net earnings4 031.004 358.002 868.004 227.443 699.38
Shareholders equity total19 727.0024 086.0016 954.0021 181.5024 880.88
Balance sheet total (assets)57 632.0041 540.0045 993.0050 711.2437 380.47
Net debt11 512.4135.71
Profitability
EBIT-%
ROA8.6 %10.3 %7.5 %12.6 %11.2 %
ROE22.8 %19.9 %14.0 %22.2 %16.1 %
ROI11.6 %10.3 %7.5 %15.4 %17.1 %
Economic value added (EVA)4 109.124 092.722 065.682 720.012 117.25
Solvency
Equity ratio100.0 %100.0 %100.0 %41.8 %66.7 %
Gearing55.4 %0.2 %
Relative net indebtedness %
Liquidity
Quick ratio1.42.2
Current ratio1.73.1
Cash and cash equivalents218.4214.41
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAABBBBBB

Variable visualization

ROA:11.2%
Rating: 60/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:66.7%
Rating: 51/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chief executive officer

Companies in the same industry

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