FIFO Holding ApS — Credit Rating and Financial Key Figures

CVR number: 40518177
H.P.Hansens Plads 32, 4200 Slagelse

Company information

Official name
FIFO Holding ApS
Established
2019
Company form
Private limited company
Industry

About FIFO Holding ApS

FIFO Holding ApS (CVR number: 40518177) is a company from SLAGELSE. The company reported a net sales of 1.1 mDKK in 2023, demonstrating a decline of -10.8 % compared to the previous year. The operating profit percentage was at 99.5 % (EBIT: 1.1 mDKK), while net earnings were 1097.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 19.4 %, which can be considered excellent and Return on Equity (ROE) was 19.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 99.8 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. FIFO Holding ApS's liquidity measured by quick ratio was 86.6 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 financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales542.81582.39941.981 236.351 102.85
Gross profit537.81577.32936.851 231.101 097.47
EBIT537.81577.32936.851 231.101 097.47
Net earnings538.09575.07928.451 228.431 097.74
Shareholders equity total2 557.723 077.503 949.455 120.686 159.52
Balance sheet total (assets)2 682.323 246.204 037.095 135.686 174.52
Net debt51.07-40.03-68.14- 183.99- 112.26
Profitability
EBIT-%99.1 %99.1 %99.5 %99.6 %99.5 %
ROA20.1 %19.5 %25.7 %26.8 %19.4 %
ROE21.0 %20.4 %26.4 %27.1 %19.5 %
ROI20.5 %20.3 %26.5 %26.9 %19.4 %
Economic value added (EVA)539.15608.49945.631 270.821 176.54
Solvency
Equity ratio95.4 %94.8 %97.8 %99.7 %99.8 %
Gearing2.3 %1.4 %0.2 %0.2 %
Relative net indebtedness %21.3 %22.1 %-4.0 %-14.5 %-9.7 %
Liquidity
Quick ratio0.63.38.057.586.6
Current ratio0.63.38.057.586.6
Cash and cash equivalents8.9340.03124.89193.99122.26
Capital use efficiency
Trade debtors turnover (days)
Net working capital %-10.1 %65.7 %65.0 %68.5 %116.4 %
Credit risk
Credit ratingBBBAAAA

Variable visualization

ROA:19.4%
Rating: 73/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:99.8%
Rating: 96/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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