Fellowmind Denmark III A/S

CVR number: 28498233
Industrivej 50, 9600 Aars

Credit rating

Company information

Official name
Fellowmind Denmark III A/S
Personnel
2 persons
Established
2005
Company form
Limited company
Industry
  • Expand more icon46Wholesale trade, except of motor vehicles and motorcycles

About Fellowmind Denmark III A/S

Fellowmind Denmark III A/S (CVR number: 28498233) is a company from VESTHIMMERLANDS. The company recorded a gross profit of 49.1 mDKK in 2022. The operating profit was 9752.2 kDKK, while net earnings were 7559.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 26.5 %, which can be considered excellent and Return on Equity (ROE) was 94.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 14.5 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. Fellowmind Denmark III A/S's liquidity measured by quick ratio was 1.1 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
20182019202020212022
Volume
Net sales
Gross profit15 012.9319 887.6527 602.2739 782.5749 073.51
EBIT3 550.841 757.945 195.467 876.189 752.17
Net earnings2 852.071 477.964 262.516 247.927 559.32
Shareholders equity total6 852.076 477.9610 012.5112 497.923 557.24
Balance sheet total (assets)12 702.2616 611.7433 327.0547 412.1926 287.82
Net debt623.63-1 070.83- 596.60-1 644.31- 851.17
Profitability
EBIT-%
ROA34.6 %13.2 %22.1 %20.1 %26.5 %
ROE50.7 %22.2 %51.7 %55.5 %94.2 %
ROI57.3 %24.7 %55.6 %57.8 %85.7 %
Economic value added (EVA)2 546.641 020.523 786.145 670.357 174.22
Solvency
Equity ratio55.3 %39.0 %30.0 %27.2 %14.5 %
Gearing9.2 %2.8 %1.5 %2.4 %26.7 %
Relative net indebtedness %
Liquidity
Quick ratio2.11.61.41.41.1
Current ratio2.11.71.51.41.1
Cash and cash equivalents3.541 250.15744.651 947.691 801.60
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAABBBBBBBB

Variable visualization

ROA:26.5%
Rating: 81/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:14.5%
Rating: 14/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Companies in the same industry

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