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Analyst: XBRLDenmark
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Bankruptcy Risk 
2019
2019/12
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12
Bankruptcy risk for industry  1.5% 1.5% 1.5% 1.5% 1.5%  
Bankruptcy risk  20.4% 13.6% 3.7% 3.7% 3.3%  
Credit score (0-100)  6 16 50 51 54  
Credit rating  B BB BBB BBB BBB  
Credit limit (kDKK)  0.0 0.0 0.0 0.0 0.0  

How are these values calculated?
 
View the automatically generated explanation of bankruptcy risk

Income statement (kDKK) 
2019
2019/12
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12

Net sales  22 214 226 0 0  
Gross profit  179 -43.7 68.4 0.0 16.3  
EBITDA  179 -43.7 68.4 110 16.3  
EBIT  179 -43.7 68.4 110 1.3  
Pre-tax profit (PTP)  178.7 -43.7 44.7 109.9 -14.9  
Net earnings  178.7 -43.7 34.9 85.7 -14.9  
Pre-tax profit without non-rec. items  179 -43.7 44.7 110 -14.9  

 
See the entire income statement

Balance sheet (kDKK) 
2019
2019/12
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12

Tangible assets total  0.0 0.0 2,004 2,004 2,004  
Shareholders equity total  179 43.7 74.9 138 54.9  
Interest-bearing liabilities  0.0 130 2,175 2,128 2,271  
Balance sheet total (assets)  179 184 2,255 2,285 2,349  

Net Debt  -4.7 90.0 2,146 2,029 2,111  
 
See the entire balance sheet

Volume 
2019
2019/12
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12

Net sales  22 214 226 0 0  
Net sales growth  0.0% 887.1% 5.6% -100.0% 0.0%  
Gross profit  179 -43.7 68.4 0.0 16.3  
Gross profit growth  0.0% 0.0% 0.0% -100.0% 0.0%  
Employees  0 0 0 0 0  
Employee growth %  0.0% 0.0% 0.0% 0.0% 0.0%  
Employee expenses  0.0 0.0 0.0 0.0 0.0  
Balance sheet total (assets)  179 184 2,255 2,285 2,349  
Balance sheet change%  0.0% 2.7% 1,128.4% 1.3% 2.8%  
Added value  178.7 -43.7 68.4 109.9 16.3  
Added value %  825.0% -20.4% 30.3% 0.0% 0.0%  
Investments  0 0 2,004 0 -15  

Net sales trend  0.0 1.0 2.0 -1.0 0.0  
EBIT trend  1.0 -1.0 1.0 2.0 3.0  

Profitability 
2019
2019/12
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12
EBITDA %  825.0% -20.4% 30.3% 0.0% 0.0%  
EBIT %  825.0% -20.4% 30.3% 0.0% 0.0%  
EBIT to gross profit (%)  100.0% 100.0% 100.0% 0.0% 7.9%  
Net Earnings %  825.0% -20.4% 15.4% 0.0% 0.0%  
Profit before depreciation and extraordinary items %  825.0% -20.4% 15.4% 0.0% 0.0%  
Pre tax profit less extraordinaries %  825.0% -20.4% 19.8% 0.0% 0.0%  
ROA %  100.0% -24.1% 5.6% 4.8% 0.1%  
ROI %  100.0% -24.8% 5.6% 4.9% 0.1%  
ROE %  100.0% -39.3% 58.8% 80.5% -15.4%  

Solidity 
2019
2019/12
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12
Equity ratio %  100.0% 23.8% 3.3% 6.0% 2.3%  
Relative indebtedness %  0.0% 65.4% 965.3% 0.0% 0.0%  
Relative net indebtedness %  -21.7% 46.8% 952.6% 0.0% 0.0%  
Net int. bear. debt to EBITDA, %  -2.6% -206.0% 3,138.8% 1,846.2% 12,952.1%  
Gearing %  0.0% 297.1% 2,905.5% 1,541.2% 4,138.9%  
Net interest  0 0 0 0 0  
Financing costs %  0.0% 0.0% 2.1% 0.0% 0.7%  

Liquidity 
2019
2019/12
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12
Quick Ratio  0.0 0.3 0.0 0.1 0.2  
Current Ratio  0.0 1.3 0.3 0.3 0.3  
Cash and cash equivalent  4.7 39.8 28.7 98.6 160.9  

Capital use efficiency 
2019
2019/12
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12
Trade debtors turnover (days)  0.0 0.0 0.0 0.0 0.0  
Trade creditors turnover (days)  -0.0 0.0 0.0 0.0 0.0  
Current assets / Net sales %  825.0% 85.9% 111.1% 0.0% 0.0%  
Net working capital  178.7 43.7 -566.0 -549.9 -727.2  
Net working capital %  825.0% 20.4% -250.6% 0.0% 0.0%  

Employee efficiency 
2019
2019/12
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12
Net sales / employee  0 0 0 0 0  
Added value / employee  0 0 0 0 0  
Employee expenses / employee  0 0 0 0 0  
EBITDA / employee  0 0 0 0 0  
EBIT / employee  0 0 0 0 0  
Net earnings / employee  0 0 0 0 0