FUNCTIONAL PARTS ApS — Credit Rating and Financial Key Figures

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

About FUNCTIONAL PARTS ApS

FUNCTIONAL PARTS ApS (CVR number: 31888735) is a company from ODENSE. The company recorded a gross profit of -24.9 kDKK in 2024. The operating profit was -24.9 kDKK, while net earnings were 34.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6 %, which can be considered decent but Return on Equity (ROE) was 3.7 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 47.1 %, 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 0.1 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit-9.79-18.68-26.06-27.00-24.94
EBIT- 252.65-79.44-26.06-27.00-24.94
Net earnings- 163.96-36.256.2526.9734.45
Shareholders equity total922.20885.96892.21919.18953.63
Balance sheet total (assets)2 003.211 764.611 798.041 884.112 023.49
Net debt377.30853.66886.81905.131 003.40
Profitability
EBIT-%
ROA-8.8 %-0.7 %2.4 %5.4 %6.0 %
ROE-16.3 %-4.0 %0.7 %3.0 %3.7 %
ROI-10.4 %-0.7 %2.4 %5.5 %6.2 %
Economic value added (EVA)- 285.28- 148.31- 107.80- 110.74- 111.26
Solvency
Equity ratio46.0 %50.2 %49.6 %48.8 %47.1 %
Gearing86.3 %96.5 %99.8 %98.8 %105.2 %
Relative net indebtedness %
Liquidity
Quick ratio1.71.11.00.20.1
Current ratio1.71.11.00.20.1
Cash and cash equivalents418.760.964.022.56
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBB

Variable visualization

ROA:5.98%
Rating: 46/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:47.1%
Rating: 38/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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