FAIR A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About FAIR A/S
FAIR A/S (CVR number: 24210626) is a company from RØDOVRE. The company recorded a gross profit of 298.7 kDKK in 2023. The operating profit was -18.7 kDKK, while net earnings were -16 kDKK. The profitability of the company measured by Return on Assets (ROA) was -4.2 %, which can be considered poor and Return on Equity (ROE) was -4.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 79.4 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. FAIR A/S's liquidity measured by quick ratio was 4.4 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 financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 356.91 | 419.25 | 353.86 | 339.77 | 298.71 |
EBIT | 73.27 | 130.54 | 27.34 | 27.05 | -18.67 |
Net earnings | 55.66 | 98.08 | 19.09 | 17.22 | -15.99 |
Shareholders equity total | 217.09 | 315.17 | 334.26 | 351.47 | 335.48 |
Balance sheet total (assets) | 380.60 | 502.70 | 438.26 | 428.45 | 422.92 |
Net debt | - 229.35 | - 326.09 | - 261.14 | - 249.89 | - 279.79 |
Profitability | |||||
EBIT-% | |||||
ROA | 22.3 % | 29.6 % | 5.8 % | 6.2 % | -4.2 % |
ROE | 29.4 % | 36.9 % | 5.9 % | 5.0 % | -4.7 % |
ROI | 36.7 % | 46.7 % | 8.0 % | 7.5 % | -5.0 % |
Economic value added (EVA) | 53.94 | 99.91 | 20.64 | 16.23 | -21.56 |
Solvency | |||||
Equity ratio | 57.0 % | 62.7 % | 76.3 % | 82.0 % | 79.4 % |
Gearing | 9.3 % | 2.1 % | 8.0 % | 1.3 % | 3.7 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 2.3 | 2.7 | 4.2 | 4.9 | 4.4 |
Current ratio | 2.3 | 2.7 | 4.2 | 4.9 | 4.4 |
Cash and cash equivalents | 249.56 | 332.79 | 287.84 | 254.37 | 292.15 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BBB |
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