FESTKLAR ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About FESTKLAR ApS
FESTKLAR ApS (CVR number: 33352190) is a company from TÅRNBY. The company recorded a gross profit of -10.7 kDKK in 2023. The operating profit was -110.9 kDKK, while net earnings were -110.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was -104.4 %, which can be considered poor and Return on Equity (ROE) was -192.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -46.8 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. FESTKLAR ApS's liquidity measured by quick ratio was 0.5 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -19.09 | - 121.11 | 949.48 | 85.38 | -10.72 |
EBIT | - 129.09 | - 216.63 | 506.12 | - 374.79 | - 110.87 |
Net earnings | -45.50 | - 217.59 | 469.36 | - 378.51 | - 110.71 |
Shareholders equity total | 22.45 | - 195.14 | 274.23 | 80.34 | -30.37 |
Balance sheet total (assets) | 296.00 | 439.10 | 707.66 | 147.28 | 34.51 |
Net debt | - 181.96 | -53.95 | - 394.39 | - 147.28 | -34.51 |
Profitability | |||||
EBIT-% | |||||
ROA | -42.8 % | -46.6 % | 75.4 % | -87.7 % | -104.4 % |
ROE | -100.7 % | -94.3 % | 131.6 % | -213.5 % | -192.8 % |
ROI | -70.3 % | -317.4 % | 369.1 % | -211.4 % | -275.6 % |
Economic value added (EVA) | - 122.87 | - 201.06 | 482.43 | - 368.75 | - 107.50 |
Solvency | |||||
Equity ratio | 7.6 % | -30.8 % | 38.8 % | 54.5 % | -46.8 % |
Gearing | 507.9 % | ||||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.1 | 0.2 | 0.9 | 2.2 | 0.5 |
Current ratio | 1.1 | 0.2 | 0.9 | 2.2 | 0.5 |
Cash and cash equivalents | 296.00 | 53.95 | 394.39 | 147.28 | 34.51 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | B | BB | BBB | B | B |
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