Fortunstræde 4 ApS — Credit Rating and Financial Key Figures

CVR number: 29208913
Østbanegade 123, 2100 København Ø
fokus@fokusnordic.dk
tel: 70100075

Credit rating

Company information

Official name
Fortunstræde 4 ApS
Established
2005
Company form
Private limited company
Industry

About Fortunstræde 4 ApS

Fortunstræde 4 ApS (CVR number: 29208913) is a company from KØBENHAVN. The company recorded a gross profit of 1276.1 kDKK in 2023. The operating profit was -3308.8 kDKK, while net earnings were -3754.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -7.3 %, which can be considered poor and Return on Equity (ROE) was -38.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 18.6 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. Fortunstræde 4 ApS's liquidity measured by quick ratio was 0 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit863.301 119.83-3 829.15622.741 276.05
EBIT2 600.30896.274 511.76-2 704.34-3 308.85
Net earnings2 148.85569.243 324.22-2 542.46-3 754.79
Shareholders equity total10 366.8610 936.1014 260.3211 717.867 963.07
Balance sheet total (assets)38 645.6239 191.9650 572.1747 911.6542 906.12
Net debt27 051.8226 954.3233 825.0433 866.0134 078.10
Profitability
EBIT-%
ROA6.9 %2.3 %10.1 %-5.5 %-7.3 %
ROE23.1 %5.3 %26.4 %-19.6 %-38.2 %
ROI6.9 %2.3 %10.2 %-5.5 %-7.3 %
Economic value added (EVA)631.39-1 046.231 724.78-4 056.75-4 406.49
Solvency
Equity ratio26.8 %27.9 %28.2 %24.5 %18.6 %
Gearing269.5 %250.6 %242.1 %293.9 %429.7 %
Relative net indebtedness %
Liquidity
Quick ratio0.30.20.20.10.0
Current ratio0.30.20.20.10.0
Cash and cash equivalents887.50448.58706.12570.27135.89
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAABBBBBBBBB

Variable visualization

ROA:-7.28%
Rating: 13/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:18.6%
Rating: 18/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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