FUNCTIONAL PARTS ApS

CVR number: 31888735
Godthåbsgade 42, 5000 Odense C
rpt@functionalparts.dk
tel: 30127687

Credit rating

Company information

Official name
FUNCTIONAL PARTS ApS
Personnel
1 person
Established
2008
Company form
Private limited company
Industry
  • Expand more icon71Architectural and engineering activities; technical testing and analysis

About FUNCTIONAL PARTS ApS

FUNCTIONAL PARTS ApS (CVR number: 31888735) is a company from ODENSE. The company recorded a gross profit of -23.5 kDKK in 2023. The operating profit was -23.5 kDKK, while net earnings were 27 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.6 %, which can be considered decent but Return on Equity (ROE) was 3 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 48.8 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. FUNCTIONAL PARTS ApS's liquidity measured by quick ratio was 0.2 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20192020202120222023
Volume
Net sales
Gross profit794.22-9.79-18.68-26.06-23.49
EBIT487.38- 252.65-79.44-26.06-23.49
Net earnings393.07- 163.96-36.256.2526.97
Shareholders equity total1 086.16922.20885.96892.21919.18
Balance sheet total (assets)2 072.352 003.211 764.611 798.041 884.11
Net debt- 156.51377.30853.66886.81939.89
Profitability
EBIT-%
ROA30.4 %-8.8 %-0.7 %2.4 %5.6 %
ROE44.2 %-16.3 %-4.0 %0.7 %3.0 %
ROI34.4 %-10.4 %-0.7 %2.4 %5.6 %
Economic value added (EVA)409.56- 211.15-87.26-64.81-63.02
Solvency
Equity ratio52.4 %46.0 %50.2 %49.6 %48.8 %
Gearing60.7 %86.3 %96.5 %99.8 %102.5 %
Relative net indebtedness %
Liquidity
Quick ratio2.11.71.11.00.2
Current ratio2.11.71.11.00.2
Cash and cash equivalents815.90418.760.964.022.56
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBB

Variable visualization

ROA:5.59%
Rating: 45/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:48.8%
Rating: 39/100
-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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