Fine Denmark ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Fine Denmark ApS
Fine Denmark ApS (CVR number: 38894501) is a company from SYDDJURS. The company recorded a gross profit of 8 kDKK in 2024. The operating profit was -17.1 kDKK, while net earnings were -106.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -0.7 %, which can be considered poor and Return on Equity (ROE) was -6.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -33.5 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Fine Denmark ApS's liquidity measured by quick ratio was 3.1 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -56.69 | 9.29 | -37.11 | -13.09 | 8.01 |
EBIT | -81.46 | -15.48 | -61.93 | -38.09 | -17.10 |
Net earnings | - 122.23 | -57.38 | - 144.97 | - 124.39 | - 106.87 |
Shareholders equity total | - 341.21 | - 398.59 | - 543.56 | - 667.95 | - 774.82 |
Balance sheet total (assets) | 1 610.73 | 1 604.08 | 1 564.20 | 1 567.69 | 1 539.96 |
Net debt | 1 903.07 | 1 923.68 | 2 067.02 | 2 127.91 | 2 223.50 |
Profitability | |||||
EBIT-% | |||||
ROA | -4.2 % | -0.8 % | -3.0 % | -1.8 % | -0.7 % |
ROE | -7.4 % | -3.6 % | -9.2 % | -7.9 % | -6.9 % |
ROI | -4.2 % | -0.8 % | -3.0 % | -1.8 % | -0.8 % |
Economic value added (EVA) | - 165.88 | -95.67 | - 141.18 | - 115.93 | -92.90 |
Solvency | |||||
Equity ratio | -17.5 % | -19.9 % | -25.8 % | -29.9 % | -33.5 % |
Gearing | -567.7 % | -495.7 % | -385.0 % | -325.8 % | -292.9 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.0 | 3.5 | 1.7 | 1.1 | 3.1 |
Current ratio | 0.0 | 3.5 | 1.7 | 1.1 | 3.1 |
Cash and cash equivalents | 33.87 | 51.99 | 25.75 | 48.56 | 45.94 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BBB | BB | BB | BBB |
Variable visualization
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