FinLife Nordic ApS — Credit Rating and Financial Key Figures

CVR number: 39644622
Skovbakken 93, 9240 Nibe

Company information

Official name
FinLife Nordic ApS
Established
2018
Company form
Private limited company
Industry

About FinLife Nordic ApS

FinLife Nordic ApS (CVR number: 39644622) is a company from AALBORG. The company reported a net sales of 0.2 mDKK in 2021, demonstrating a decline of -31.4 % compared to the previous year. The operating profit percentage was at 22.2 % (EBIT: 0.1 mDKK), while net earnings were 40.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 44.4 %, which can be considered excellent and Return on Equity (ROE) was 41.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 84.6 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. FinLife Nordic ApS's liquidity measured by quick ratio was 6.5 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
2018
2019
2020
2021
Volume
Net sales95.00350.00240.00
Gross profit-2.119.7828.5253.33
EBIT-2.119.7828.5253.33
Net earnings-2.117.6621.7740.54
Shareholders equity total47.8955.5577.31117.85
Balance sheet total (assets)47.8972.19100.88139.34
Net debt-45.51-72.19- 100.88- 139.24
Profitability
EBIT-%10.3 %8.1 %22.2 %
ROA-4.4 %16.3 %33.0 %44.4 %
ROE-4.4 %14.8 %32.8 %41.5 %
ROI-4.4 %18.9 %42.9 %54.6 %
Economic value added (EVA)-2.117.5923.0842.74
Solvency
Equity ratio100.0 %76.9 %76.6 %84.6 %
Gearing
Relative net indebtedness %-58.5 %-22.1 %-49.1 %
Liquidity
Quick ratio4.34.36.5
Current ratio4.34.36.5
Cash and cash equivalents45.5172.19100.88139.24
Capital use efficiency
Trade debtors turnover (days)
Net working capital %58.5 %22.1 %49.1 %
Credit risk
Credit ratingBBBBBBBB

Variable visualization

ROA:44.4%
Rating: 91/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:84.6%
Rating: 64/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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