Faldo IVS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Faldo IVS
Faldo IVS (CVR number: 37453889) is a company from LYNGBY-TAARBÆK. The company recorded a gross profit of -9 kDKK in 2018, demonstrating a decline of -638.7 % compared to the previous year. The operating profit was -9 kDKK, while net earnings were -19.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was -57.1 %, which can be considered poor and Return on Equity (ROE) was -178.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -41.1 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Faldo IVS's liquidity measured by quick ratio was 0.6 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 financials2016 | 2017 | 2018 | |
|---|---|---|---|
| Volume | |||
| Net sales | 65.41 | 28.56 | |
| Gross profit | 17.16 | -1.22 | -9.01 |
| EBIT | 17.16 | -1.22 | -9.01 |
| Net earnings | 13.40 | -0.95 | -19.39 |
| Shareholders equity total | 14.89 | 13.94 | -5.44 |
| Balance sheet total (assets) | 23.63 | 18.31 | 7.79 |
| Net debt | -23.63 | -18.31 | -7.79 |
| Profitability | |||
| EBIT-% | 26.2 % | -4.3 % | |
| ROA | 72.6 % | -5.8 % | -57.1 % |
| ROE | 89.9 % | -6.6 % | -178.4 % |
| ROI | 115.2 % | -8.5 % | -129.3 % |
| Economic value added (EVA) | 13.40 | -0.78 | -8.79 |
| Solvency | |||
| Equity ratio | 63.0 % | 76.2 % | -41.1 % |
| Gearing | |||
| Relative net indebtedness % | -22.8 % | -48.8 % | |
| Liquidity | |||
| Quick ratio | 2.7 | 4.2 | 0.6 |
| Current ratio | 2.7 | 4.2 | 0.6 |
| Cash and cash equivalents | 23.63 | 18.31 | 7.79 |
| Capital use efficiency | |||
| Trade debtors turnover (days) | |||
| Net working capital % | 22.8 % | 48.8 % | |
| Credit risk | |||
| Credit rating | B | BB | BB |
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