Flügger group A/S — Credit Rating and Financial Key Figures
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 2272 mDKK in 2024, demonstrating a growth of 2.9 % compared to the previous year. The operating profit percentage was at 4.1 % (EBIT: 94 mDKK), while net earnings were 63 mDKK. The profitability of the company measured by Return on Assets (ROA) was 6 %, which can be considered decent but Return on Equity (ROE) was 8 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 45.3 %, 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 financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 2 161.64 | 2 519.70 | 2 130.16 | 2 208.00 | 2 272.00 |
Gross profit | 1 214.85 | 1 268.07 | 1 027.73 | 1 135.00 | 1 217.00 |
EBIT | 228.12 | 41.48 | -7.61 | 68.00 | 94.00 |
Net earnings | 179.98 | -8.19 | 14.41 | 16.00 | 63.00 |
Shareholders equity total | 950.89 | 918.95 | 773.59 | 821.00 | 870.00 |
Balance sheet total (assets) | 1 842.41 | 2 225.51 | 2 131.84 | 1 939.00 | 1 920.00 |
Net debt | - 156.68 | -35.00 | -17.67 | -18.00 | -24.00 |
Profitability | |||||
EBIT-% | 10.6 % | 1.6 % | -0.4 % | 3.1 % | 4.1 % |
ROA | 14.0 % | 4.9 % | 1.5 % | 4.4 % | 6.0 % |
ROE | 21.6 % | -0.9 % | 1.8 % | 2.2 % | 8.0 % |
ROI | 19.2 % | 7.2 % | 2.3 % | 7.0 % | 8.8 % |
Economic value added (EVA) | 124.90 | -37.73 | -71.25 | -7.64 | 14.18 |
Solvency | |||||
Equity ratio | 51.6 % | 41.3 % | 36.3 % | 42.3 % | 45.3 % |
Gearing | |||||
Relative net indebtedness % | 34.0 % | 50.5 % | 62.9 % | 49.8 % | 45.2 % |
Liquidity | |||||
Quick ratio | 0.9 | 0.6 | 0.5 | 0.7 | 0.7 |
Current ratio | 1.5 | 1.2 | 1.0 | 1.2 | 1.3 |
Cash and cash equivalents | 156.68 | 35.00 | 17.67 | 18.00 | 24.00 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 62.2 | 63.6 | 77.4 | 77.9 | 69.4 |
Net working capital % | 13.9 % | 5.2 % | 1.6 % | 6.5 % | 8.8 % |
Credit risk | |||||
Credit rating | AA | AA | AA | AA | AA |
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