FLAIR HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 28869916
Åkæret 3, 7100 Vejle
flair@lund.mail.dk
tel: 75920202

Credit rating

Company information

Official name
FLAIR HOLDING ApS
Established
2005
Company form
Private limited company
Industry

About FLAIR HOLDING ApS

FLAIR HOLDING ApS (CVR number: 28869916) is a company from VEJLE. The company recorded a gross profit of -24.3 kDKK in 2022. The operating profit was -24.3 kDKK, while net earnings were -198.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -0.8 %, which can be considered poor and Return on Equity (ROE) was -7.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 96.7 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. FLAIR HOLDING ApS's liquidity measured by quick ratio was 30 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

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2018
2019
2020
2021
2022
Volume
Net sales
Gross profit-12.01-11.16-36.35-17.56-24.25
EBIT-12.01-11.16-36.35-17.56-24.25
Net earnings42.6775.41- 175.95310.23- 198.50
Shareholders equity total4 438.973 710.383 016.802 914.032 107.53
Balance sheet total (assets)4 622.054 094.133 246.282 984.212 178.36
Net debt-4 218.26-3 648.76-2 787.38-2 980.21-2 117.91
Profitability
EBIT-%
ROA1.3 %2.3 %-1.2 %13.2 %-0.8 %
ROE1.0 %1.9 %-5.2 %10.5 %-7.9 %
ROI1.3 %2.4 %-1.2 %13.3 %-0.9 %
Economic value added (EVA)-2.69-0.98-13.32-4.36-15.39
Solvency
Equity ratio96.0 %90.6 %92.9 %97.6 %96.7 %
Gearing3.6 %4.4 %7.2 %0.1 %0.2 %
Relative net indebtedness %
Liquidity
Quick ratio24.110.113.142.530.0
Current ratio24.110.113.142.530.0
Cash and cash equivalents4 376.793 810.733 005.082 984.212 122.41
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBABBBBBB

Variable visualization

ROA:-0.84%
Rating: 19/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:96.7%
Rating: 78/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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