FYNBO FOODS A/S — Credit Rating and Financial Key Figures

CVR number: 26612608
Sigenvej 9, 9760 Vrå

Credit rating

Company information

Official name
FYNBO FOODS A/S
Personnel
86 persons
Established
2002
Company form
Limited company
Industry
  • Expand more icon10Manufacture of food products

About FYNBO FOODS A/S

FYNBO FOODS A/S (CVR number: 26612608) is a company from HJØRRING. The company recorded a gross profit of 69.7 mDKK in 2023. The operating profit was 17.2 mDKK, while net earnings were 11.6 mDKK. The profitability of the company measured by Return on Assets (ROA) was 10.9 %, which can be considered good but Return on Equity (ROE) was 21.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 38.2 %, 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. FYNBO FOODS A/S's liquidity measured by quick ratio was 0.9 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

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 profit57 602.0049 328.0054 564.0072 983.0069 717.74
EBIT8 281.001 672.003 993.0016 234.0017 173.04
Net earnings5 866.00493.002 280.0010 753.0011 601.27
Shareholders equity total36 675.0034 167.0036 448.0047 200.0058 801.22
Balance sheet total (assets)121 398.00133 809.00163 276.00183 876.00154 044.21
Net debt45 163.0032 574.43
Profitability
EBIT-%
ROA7.3 %1.3 %2.7 %9.8 %10.9 %
ROE17.4 %1.4 %6.5 %25.7 %21.9 %
ROI7.3 %1.3 %2.7 %11.0 %13.7 %
Economic value added (EVA)6 732.85- 170.922 276.1110 807.9911 810.67
Solvency
Equity ratio100.0 %100.0 %100.0 %25.7 %38.2 %
Gearing129.8 %55.4 %
Relative net indebtedness %
Liquidity
Quick ratio0.80.9
Current ratio1.41.7
Cash and cash equivalents16 094.0021.06
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBAAAAAA

Variable visualization

ROA:10.9%
Rating: 60/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:38.2%
Rating: 32/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member
Board member

Companies in the same industry

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