FALCON MARITIME GROUP A/S
Credit rating
Company information
About FALCON MARITIME GROUP A/S
FALCON MARITIME GROUP A/S (CVR number: 29184771K) is a company from KØBENHAVN. The company reported a net sales of 713.9 mDKK in 2020, demonstrating a decline of -7.6 % compared to the previous year. The operating profit percentage was poor at -0.4 % (EBIT: -2.8 mDKK), while net earnings were -8395 kDKK. The profitability of the company measured by Return on Assets (ROA) was -1.2 %, which can be considered poor and Return on Equity (ROE) was -6.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 46.3 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. FALCON MARITIME GROUP A/S's liquidity measured by quick ratio was 1.4 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2016 | 2017 | 2018 | 2019 | 2020 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 418.38 | 578.87 | 766.67 | 772.50 | 713.89 |
Gross profit | 46.24 | 46.25 | 70.45 | 38.89 | 26.99 |
EBIT | 22.76 | 19.23 | 41.52 | 10.60 | -2.81 |
Net earnings | 19.53 | 16.19 | 38.77 | 8.58 | -8.39 |
Shareholders equity total | 161.18 | 144.52 | 159.55 | 169.30 | 132.85 |
Balance sheet total (assets) | 300.63 | 263.96 | 238.85 | 254.32 | 286.81 |
Net debt | 95.46 | 69.43 | 4.59 | -13.51 | 102.51 |
Profitability | |||||
EBIT-% | 5.4 % | 3.3 % | 5.4 % | 1.4 % | -0.4 % |
ROA | 7.6 % | 7.0 % | 16.8 % | 4.7 % | -1.2 % |
ROE | 13.6 % | 12.1 % | 29.5 % | 6.1 % | -6.4 % |
ROI | 7.9 % | 7.2 % | 18.0 % | 5.3 % | -1.4 % |
Economic value added (EVA) | 23.36 | 8.21 | 32.43 | 2.96 | -9.97 |
Solvency | |||||
Equity ratio | 53.6 % | 54.7 % | 66.8 % | 66.6 % | 46.3 % |
Gearing | 80.2 % | 75.8 % | 35.0 % | 28.2 % | 101.6 % |
Relative net indebtedness % | 25.3 % | 13.7 % | 3.7 % | 3.1 % | 17.0 % |
Liquidity | |||||
Quick ratio | 2.0 | 1.2 | 2.1 | 2.2 | 1.4 |
Current ratio | 2.5 | 1.4 | 2.9 | 2.7 | 2.5 |
Cash and cash equivalents | 33.78 | 40.14 | 51.18 | 61.25 | 32.49 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 3.5 | 5.1 | 4.9 | 11.1 | 1.7 |
Net working capital % | 9.1 % | 3.5 % | 7.5 % | 9.0 % | 6.1 % |
Credit risk | |||||
Credit rating | AAA | AAA | A | A | BBB |
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