TEAM FKH DRESSAGE ApS
Credit rating
Company information
About TEAM FKH DRESSAGE ApS
TEAM FKH DRESSAGE ApS (CVR number: 28484984) is a company from KOLDING. The company recorded a gross profit of -29.7 kDKK in 2023. The operating profit was -35.7 kDKK, while net earnings were -29 kDKK. The profitability of the company measured by Return on Assets (ROA) was -6 %, which can be considered poor and Return on Equity (ROE) was -7.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 66.8 %, 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. TEAM FKH DRESSAGE ApS's liquidity measured by quick ratio was 1.5 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 33.03 | 32.17 | 33.48 | 44.93 | -29.66 |
EBIT | 21.03 | 20.17 | 21.48 | 32.93 | -35.66 |
Net earnings | 8.17 | 9.57 | 11.59 | 19.52 | -29.05 |
Shareholders equity total | 374.97 | 384.54 | 396.13 | 415.65 | 386.60 |
Balance sheet total (assets) | 599.49 | 573.44 | 548.30 | 602.96 | 579.02 |
Net debt | 207.61 | 166.82 | 145.04 | 99.48 | - 100.57 |
Profitability | |||||
EBIT-% | |||||
ROA | 3.4 % | 3.4 % | 3.8 % | 5.7 % | -6.0 % |
ROE | 2.2 % | 2.5 % | 3.0 % | 4.8 % | -7.2 % |
ROI | 3.5 % | 3.6 % | 3.9 % | 5.9 % | -6.3 % |
Economic value added (EVA) | -1.92 | -3.08 | -2.56 | 5.78 | -45.73 |
Solvency | |||||
Equity ratio | 62.5 % | 67.1 % | 72.2 % | 68.9 % | 66.8 % |
Gearing | 55.5 % | 43.5 % | 36.6 % | 38.7 % | 39.1 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.1 | 0.2 | 0.2 | 0.5 | 1.5 |
Current ratio | 2.5 | 2.9 | 3.5 | 3.2 | 3.0 |
Cash and cash equivalents | 0.53 | 0.28 | 0.02 | 61.34 | 251.60 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | BB | BB | C |
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