FAN MILK INTERNATIONAL A/S — Credit Rating and Financial Key Figures

CVR number: 44326728
Langagervej 1, 9220 Aalborg Øst
tel: 98189000

Credit rating

Company information

Official name
FAN MILK INTERNATIONAL A/S
Personnel
1 person
Established
1961
Company form
Limited company
Industry

About FAN MILK INTERNATIONAL A/S

FAN MILK INTERNATIONAL A/S (CVR number: 44326728) is a company from AALBORG. The company recorded a gross profit of -14612 kDKK in 2024. The operating profit was -14.6 mDKK, while net earnings were -164 mDKK. The profitability of the company measured by Return on Assets (ROA) was -20 %, which can be considered poor and Return on Equity (ROE) was -85.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 20.8 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. FAN MILK INTERNATIONAL A/S's liquidity measured by quick ratio was 0.2 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit-4 144.005 083.00-11 977.00-23 534.00-14 612.00
EBIT-5 059.003 814.00-12 451.00-24 732.00-14 612.00
Net earnings-34 699.00-3 775.00-8 933.00-61 924.00- 164 024.00
Shareholders equity total296 946.00293 171.00334 844.00272 920.00108 896.00
Balance sheet total (assets)447 129.00522 213.00724 645.00700 258.00522 787.00
Net debt110 976.00167 877.00357 466.00358 075.00382 758.00
Profitability
EBIT-%
ROA-7.4 %-1.0 %-0.3 %-6.2 %-20.0 %
ROE-11.0 %-1.3 %-2.8 %-20.4 %-85.9 %
ROI-7.5 %-1.0 %-0.3 %-6.3 %-20.2 %
Economic value added (EVA)-27 002.77-19 584.87-34 914.63-55 620.68-49 247.80
Solvency
Equity ratio66.4 %56.1 %46.2 %39.0 %20.8 %
Gearing37.6 %58.0 %110.4 %149.0 %355.6 %
Relative net indebtedness %
Liquidity
Quick ratio0.20.20.50.30.2
Current ratio0.20.20.50.30.2
Cash and cash equivalents640.002 050.0012 111.0048 564.004 470.00
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBABBBBBBBBB

Variable visualization

ROA:-20.0%
Rating: 0/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:20.8%
Rating: 20/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Companies in the same industry

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