Finney III ApS — Credit Rating and Financial Key Figures

CVR number: 37857548
Mølletoft 1, Tørsbøl 6300 Gråsten
Finn.p@jensendiesel.com

Company information

Official name
Finney III ApS
Established
2016
Domicile
Tørsbøl
Company form
Private limited company
Industry

About Finney III ApS

Finney III ApS (CVR number: 37857548) is a company from SØNDERBORG. The company recorded a gross profit of -5.9 kDKK in 2019. The operating profit was -5.9 kDKK, while net earnings were -26.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -0.2 %, which can be considered poor and Return on Equity (ROE) was -0.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 99.4 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Finney III ApS's liquidity measured by quick ratio was 174.2 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

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2016
2017
2018
2019
Volume
Net sales
Gross profit-15.00-13.00-7.00-5.94
EBIT-15.00-13.00-7.00-5.94
Net earnings-15.00-18.00-27.00-26.94
Shareholders equity total3 985.003 967.003 940.003 913.17
Balance sheet total (assets)4 000.003 988.003 963.003 935.76
Net debt-4 000.00-3 988.00-3 963.00-3 935.76
Profitability
EBIT-%
ROA-0.4 %-0.3 %-0.2 %-0.2 %
ROE-0.4 %-0.5 %-0.7 %-0.7 %
ROI-0.4 %-0.3 %-0.2 %-0.2 %
Economic value added (EVA)-15.00-12.25-5.94-4.78
Solvency
Equity ratio99.6 %99.5 %99.4 %99.4 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio266.7189.9172.3174.2
Current ratio266.7189.9172.3174.2
Cash and cash equivalents4 000.003 988.003 963.003 935.76
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBB

Variable visualization

ROA:-0.15%
Rating: 20/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:99.4%
Rating: 91/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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