Financial Management ApS

CVR number: 37660523
Symfonialle 44 C, 8700 Horsens
jl@finma.dk
tel: 28928540

Credit rating

Company information

Official name
Financial Management ApS
Personnel
1 person
Established
2016
Company form
Private limited company
Industry
  • Expand more icon69Legal and accounting activities

About Financial Management ApS

Financial Management ApS (CVR number: 37660523) is a company from HORSENS. The company recorded a gross profit of 811.7 kDKK in 2023. The operating profit was 80.2 kDKK, while net earnings were 61.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 37.9 %, which can be considered excellent and Return on Equity (ROE) was 118.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 23.7 %, 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. Financial Management ApS's liquidity measured by quick ratio was 1.3 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20192020202120222023
Volume
Net sales
Gross profit620.76779.77608.96764.83811.65
EBIT68.1377.183.5566.6880.19
Net earnings52.6559.522.4651.7061.68
Shareholders equity total105.83110.0656.0250.5253.30
Balance sheet total (assets)241.75288.80186.21197.82225.36
Net debt-55.12-60.74-35.34-41.02-81.50
Profitability
EBIT-%
ROA26.2 %29.1 %1.5 %34.7 %37.9 %
ROE49.4 %55.1 %3.0 %97.0 %118.8 %
ROI64.0 %71.5 %4.3 %108.1 %133.6 %
Economic value added (EVA)56.4857.331.0750.9662.52
Solvency
Equity ratio43.8 %38.1 %30.1 %25.5 %23.7 %
Gearing1.0 %32.1 %
Relative net indebtedness %
Liquidity
Quick ratio1.81.61.41.31.3
Current ratio1.81.61.41.31.3
Cash and cash equivalents55.1260.7435.9357.2481.50
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBB

Variable visualization

ROA:37.9%
Rating: 88/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:23.7%
Rating: 22/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

Companies in the same industry

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