Fifty ApS — Credit Rating and Financial Key Figures

CVR number: 40770771
Kirke Alle 109, 7800 Skive
fifty.skive@gmail.com
tel: 29447207

Credit rating

Company information

Official name
Fifty ApS
Personnel
7 persons
Established
2019
Company form
Private limited company
Industry
  • Expand more icon92Gambling and betting activities

About Fifty ApS

Fifty ApS (CVR number: 40770771) is a company from SKIVE. The company recorded a gross profit of 1029.1 kDKK in 2023. The operating profit was 249.3 kDKK, while net earnings were 157.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 17.1 %, which can be considered excellent and Return on Equity (ROE) was 58.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 23.1 %, 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. Fifty ApS's liquidity measured by quick ratio was 0.8 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
Volume
Net sales
Gross profit650.12556.50852.731 029.06
EBIT39.4830.94164.62249.34
Net earnings22.9319.16109.90157.91
Shareholders equity total62.9382.09191.99349.90
Balance sheet total (assets)1 042.491 173.911 407.321 514.03
Net debt327.79390.54150.6033.78
Profitability
EBIT-%
ROA3.8 %2.8 %12.8 %17.1 %
ROE36.4 %26.4 %80.2 %58.3 %
ROI4.7 %3.3 %15.2 %20.0 %
Economic value added (EVA)30.1343.06148.82220.20
Solvency
Equity ratio6.0 %7.0 %13.6 %23.1 %
Gearing1229.1 %1132.0 %484.0 %276.2 %
Relative net indebtedness %
Liquidity
Quick ratio0.50.50.70.8
Current ratio0.50.60.70.9
Cash and cash equivalents445.65538.71778.65932.65
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBB

Variable visualization

ROA:17.1%
Rating: 69/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:23.1%
Rating: 21/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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