FLORIDANES A/S — Credit Rating and Financial Key Figures

CVR number: 13404801
Chr Ågårdsvej 4, 6920 Videbæk
merete@floridanes.com
tel: 40173166

Company information

Official name
FLORIDANES A/S
Established
1989
Company form
Limited company
Industry

About FLORIDANES A/S

FLORIDANES A/S (CVR number: 13404801) is a company from RINGKØBING-SKJERN. The company recorded a gross profit of -156.1 kDKK in 2023. The operating profit was -156.1 kDKK, while net earnings were 1072.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.3 %, which can be considered weak and Return on Equity (ROE) was 3.5 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 84.6 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. FLORIDANES A/S's liquidity measured by quick ratio was 6.2 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 profit-63.12-93.29- 148.23- 175.88- 156.14
EBIT-63.12-95.65- 176.56- 204.21- 156.14
Net earnings2 586.663 480.524 774.612 073.551 072.82
Shareholders equity total20 233.5423 383.9228 224.3430 183.5031 138.51
Balance sheet total (assets)22 519.3324 507.1530 313.0632 108.4936 806.51
Net debt- 986.54-3 692.58-5 260.04-1 940.32-2 295.79
Profitability
EBIT-%
ROA12.5 %14.9 %17.4 %8.1 %3.3 %
ROE13.6 %16.0 %18.5 %7.1 %3.5 %
ROI12.5 %15.1 %17.7 %8.2 %3.4 %
Economic value added (EVA)- 140.13-7.4693.86228.9541.28
Solvency
Equity ratio89.8 %95.4 %93.1 %94.0 %84.6 %
Gearing11.0 %3.4 %5.2 %6.1 %4.6 %
Relative net indebtedness %
Liquidity
Quick ratio3.46.94.85.16.2
Current ratio3.46.94.85.17.3
Cash and cash equivalents3 220.914 488.816 739.383 791.453 729.57
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAAAAA

Variable visualization

ROA:3.26%
Rating: 36/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:84.6%
Rating: 64/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Board member

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