AKTIESELSKABET FLADKÆR — Credit Rating and Financial Key Figures

CVR number: 19549291
Skovbakken 10, Kollund 6340 Kruså

Company information

Official name
AKTIESELSKABET FLADKÆR
Established
1996
Domicile
Kollund
Company form
Limited company
Industry

About AKTIESELSKABET FLADKÆR

AKTIESELSKABET FLADKÆR (CVR number: 19549291K) is a company from AABENRAA. The company reported a net sales of 6988.9 mDKK in 2023, demonstrating a growth of 2.3 % compared to the previous year. The operating profit percentage was at 5.6 % (EBIT: 389.5 mDKK), while net earnings were 247.3 mDKK. The profitability of the company measured by Return on Assets (ROA) was 9 %, which can be considered good and Return on Equity (ROE) was 13 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 42.8 %, 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. AKTIESELSKABET FLADKÆR'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

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales6 935.006 614.006 011.006 832.346 988.93
Gross profit1 169.001 053.00979.001 159.411 159.72
EBIT1 169.001 053.00979.00415.87389.47
Net earnings353.00278.00239.00287.38247.26
Shareholders equity total1 514.001 620.001 688.001 860.151 933.23
Balance sheet total (assets)3 559.003 583.003 901.004 474.264 552.57
Net debt1 719.871 898.05
Profitability
EBIT-%16.9 %15.9 %16.3 %6.1 %5.6 %
ROA34.2 %29.5 %26.2 %10.0 %9.0 %
ROE24.5 %17.7 %14.4 %16.2 %13.0 %
ROI56.0 %63.2 %56.9 %15.3 %10.6 %
Economic value added (EVA)765.43776.43726.60300.60193.93
Solvency
Equity ratio42.5 %45.2 %43.3 %42.2 %42.8 %
Gearing92.5 %98.3 %
Relative net indebtedness %27.7 %28.7 %35.7 %36.7 %35.7 %
Liquidity
Quick ratio0.70.70.60.20.2
Current ratio0.70.70.60.60.6
Cash and cash equivalents1.312.07
Capital use efficiency
Trade debtors turnover (days)16.214.3
Net working capital %-9.1 %-8.9 %-13.0 %-14.9 %-13.9 %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:9.01%
Rating: 54/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:42.8%
Rating: 35/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chief executive officer

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