Credit rating
Company information
About FFM Finans IVS
FFM Finans IVS (CVR number: 38747215) is a company from FREDENSBORG. The company recorded a gross profit of 113.5 kDKK in 2019. The operating profit was -15.6 kDKK, while net earnings were -16.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was -8.5 %, which can be considered poor and Return on Equity (ROE) was -13.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 64.3 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. FFM Finans IVS's liquidity measured by quick ratio was 2.8 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2017 | 2018 | 2019 | |
---|---|---|---|
Volume | |||
Net sales | |||
Gross profit | 183.69 | 136.81 | 113.55 |
EBIT | 83.69 | 85.23 | -15.56 |
Net earnings | 65.30 | 65.97 | -16.44 |
Shareholders equity total | 66.30 | 132.26 | 115.82 |
Balance sheet total (assets) | 150.88 | 187.55 | 180.16 |
Net debt | - 112.60 | - 142.81 | - 161.13 |
Profitability | |||
EBIT-% | |||
ROA | 55.5 % | 50.4 % | -8.5 % |
ROE | 98.5 % | 66.4 % | -13.3 % |
ROI | 126.2 % | 85.8 % | -12.5 % |
Economic value added (EVA) | 65.30 | 71.16 | -12.57 |
Solvency | |||
Equity ratio | 43.9 % | 70.5 % | 64.3 % |
Gearing | |||
Relative net indebtedness % | |||
Liquidity | |||
Quick ratio | 1.8 | 3.4 | 2.8 |
Current ratio | 1.8 | 3.4 | 2.8 |
Cash and cash equivalents | 112.60 | 142.81 | 161.13 |
Capital use efficiency | |||
Trade debtors turnover (days) | |||
Net working capital % | |||
Credit risk | |||
Credit rating | B | B | B |
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