FINN L. & DAVIDSEN A/S — Credit Rating and Financial Key Figures

CVR number: 12147376
Finlandsgade 13, 4690 Haslev
tel: 56313369

Credit rating

Company information

Official name
FINN L. & DAVIDSEN A/S
Personnel
250 persons
Established
1988
Company form
Limited company
Industry

About FINN L. & DAVIDSEN A/S

FINN L. & DAVIDSEN A/S (CVR number: 12147376) is a company from FAXE. The company recorded a gross profit of 73.5 mDKK in 2024. The operating profit was 10.6 mDKK, while net earnings were 6675.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 10.2 %, which can be considered good but Return on Equity (ROE) was 28.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 21.3 %, 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. FINN L. & DAVIDSEN 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit24 925.0028 530.0036 618.0033 600.4673 532.71
EBIT6 614.005 339.006 900.00-1 516.5610 577.17
Net earnings4 881.003 758.004 684.00-2 353.506 675.81
Shareholders equity total24 883.0023 841.0024 684.0019 830.6726 506.47
Balance sheet total (assets)65 731.0076 384.00100 995.0087 228.69124 397.24
Net debt-40.783 177.9119 707.62
Profitability
EBIT-%
ROA10.1 %7.5 %7.8 %-1.5 %10.2 %
ROE19.9 %15.4 %19.3 %-10.6 %28.8 %
ROI12.9 %7.5 %7.8 %-2.0 %20.6 %
Economic value added (EVA)5 721.684 088.635 701.99-2 485.547 126.37
Solvency
Equity ratio100.0 %100.0 %79.6 %22.7 %21.3 %
Gearing16.5 %74.4 %
Relative net indebtedness %
Liquidity
Quick ratio1.41.4
Current ratio1.51.4
Cash and cash equivalents40.7888.5910.01
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:10.2%
Rating: 58/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:21.3%
Rating: 20/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member
Chief executive officer

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