Flügger group A/S
Credit rating
Company information
About Flügger group A/S
Flügger group A/S (CVR number: 32788718K) is a company from RØDOVRE. The company reported a net sales of 2208.3 mDKK in 2023, demonstrating a growth of 3.7 % compared to the previous year. The operating profit percentage was at 3.1 % (EBIT: 68 mDKK), while net earnings were 16 mDKK. The profitability of the company measured by Return on Assets (ROA) was 4.4 %, which can be considered decent but Return on Equity (ROE) was 2.2 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 42.3 %, 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. Flügger group A/S's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 1 894.74 | 2 161.64 | 2 519.70 | 2 130.16 | 2 208.34 |
Gross profit | 998.07 | 1 214.85 | 1 268.07 | 1 027.73 | 1 135.08 |
EBIT | 83.20 | 228.12 | 41.48 | -7.61 | 67.95 |
Net earnings | 60.37 | 179.98 | -8.19 | 14.41 | 16.05 |
Shareholders equity total | 787.00 | 950.89 | 918.95 | 773.59 | 820.77 |
Balance sheet total (assets) | 1 691.05 | 1 842.41 | 2 225.51 | 2 131.84 | 1 938.80 |
Net debt | - 105.11 | - 156.68 | -35.00 | -17.67 | -18.08 |
Profitability | |||||
EBIT-% | 4.4 % | 10.6 % | 1.6 % | -0.4 % | 3.1 % |
ROA | 7.4 % | 14.0 % | 4.9 % | 1.5 % | 4.4 % |
ROE | 8.1 % | 21.6 % | -0.9 % | 1.8 % | 2.2 % |
ROI | 10.3 % | 19.2 % | 7.2 % | 2.3 % | 6.9 % |
Economic value added (EVA) | 34.15 | 150.00 | -12.91 | -53.01 | 3.17 |
Solvency | |||||
Equity ratio | 46.5 % | 51.6 % | 41.3 % | 36.3 % | 42.3 % |
Gearing | 4.1 % | ||||
Relative net indebtedness % | 40.5 % | 34.0 % | 50.5 % | 62.9 % | 49.8 % |
Liquidity | |||||
Quick ratio | 0.9 | 0.9 | 0.6 | 0.5 | 0.7 |
Current ratio | 1.4 | 1.5 | 1.2 | 1.0 | 1.2 |
Cash and cash equivalents | 137.29 | 156.68 | 35.00 | 17.67 | 18.08 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 70.6 | 62.2 | 63.6 | 77.4 | 77.8 |
Net working capital % | 13.0 % | 13.9 % | 5.2 % | 1.6 % | 6.5 % |
Credit risk | |||||
Credit rating | AA | AA | A | A | AA |
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