FLOWTECH A/S — Credit Rating and Financial Key Figures

CVR number: 12566298
Erhvervsvej 2 C, Knudlund 8653 Them
tel: 75782148
www.flowtech.dk

Credit rating

Company information

Official name
FLOWTECH A/S
Personnel
25 persons
Established
1988
Domicile
Knudlund
Company form
Limited company
Industry
  • Expand more icon33Repair and installation of machinery and equipment

About FLOWTECH A/S

FLOWTECH A/S (CVR number: 12566298) is a company from SILKEBORG. The company recorded a gross profit of 23.4 mDKK in 2023. The operating profit was 9637.1 kDKK, while net earnings were 6025.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 25.1 %, which can be considered excellent and Return on Equity (ROE) was 30.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 66 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. FLOWTECH A/S's liquidity measured by quick ratio was 8.7 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit7 568.7916 880.859 005.0122 567.3523 393.47
EBIT1 763.472 840.741 458.8312 292.139 637.08
Net earnings1 278.022 229.49969.6010 371.166 025.17
Shareholders equity total6 617.068 846.563 528.6120 187.3219 912.48
Balance sheet total (assets)17 348.3721 831.8620 727.6938 256.2539 862.81
Net debt-10 839.58-6 450.961 132.04-2 173.94-13 535.50
Profitability
EBIT-%
ROA8.6 %15.4 %7.3 %42.1 %25.1 %
ROE21.4 %28.8 %15.7 %87.5 %30.1 %
ROI19.8 %33.2 %14.8 %71.3 %39.0 %
Economic value added (EVA)1 115.152 442.251 045.0510 893.175 349.32
Solvency
Equity ratio62.8 %40.5 %17.0 %55.4 %66.0 %
Gearing1.0 %2.7 %163.3 %1.3 %0.3 %
Relative net indebtedness %
Liquidity
Quick ratio5.51.91.23.08.7
Current ratio1.71.91.22.62.7
Cash and cash equivalents10 907.276 690.914 629.482 445.9913 600.42
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAABBBAAAAA

Variable visualization

ROA:25.1%
Rating: 81/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:66.0%
Rating: 50/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chief executive officer
Chairman of the board
Board member

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