FINN'S AUTOVÆRKSTED A/S

CVR number: 26098440
Håndværkervej 1, Givskud 7323 Give
bogholderi@finnsauto.dk
tel: 75730255

Credit rating

Company information

Official name
FINN'S AUTOVÆRKSTED A/S
Personnel
18 persons
Established
2001
Domicile
Givskud
Company form
Limited company
Industry
  • Expand more icon45Wholesale and retail trade and repair of motor vehicles and motorcycles

About the company

FINN'S AUTOVÆRKSTED A/S (CVR number: 26098440) is a company from VEJLE. The company recorded a gross profit of 9152.9 kDKK in 2023. The operating profit was 2879.3 kDKK, while net earnings were 2102.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 17.9 %, which can be considered excellent and Return on Equity (ROE) was 35.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 36.8 %, 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. FINN'S AUTOVÆRKSTED A/S's liquidity measured by quick ratio was 0.5 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20192020202120222023
Volume
Net sales
Gross profit8 043.948 509.338 979.158 679.509 152.89
EBIT1 930.632 590.892 680.302 030.902 879.28
Net earnings1 354.391 868.061 922.131 658.392 102.52
Shareholders equity total5 420.045 888.106 010.225 668.616 171.14
Balance sheet total (assets)14 408.2216 469.4216 515.2615 692.1816 757.67
Net debt6 736.496 151.277 768.147 571.206 675.36
Profitability
EBIT-%
ROA13.3 %17.1 %16.3 %12.7 %17.9 %
ROE23.4 %33.0 %32.3 %28.4 %35.5 %
ROI14.8 %19.8 %19.0 %14.4 %20.3 %
Economic value added (EVA)1 075.841 635.151 733.071 406.391 817.38
Solvency
Equity ratio37.6 %35.8 %36.4 %36.1 %36.8 %
Gearing124.4 %117.9 %129.6 %133.7 %130.1 %
Relative net indebtedness %
Liquidity
Quick ratio0.50.50.40.40.5
Current ratio1.21.01.21.21.2
Cash and cash equivalents4.21788.7321.539.521 355.65
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:17.9%
Rating: 71/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:36.8%
Rating: 31/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member
Board member

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