FLORIDANES A/S — Credit Rating and Financial Key Figures

CVR number: 13404801
Chr Ågårdsvej 4, 6920 Videbæk
merete@floridanes.com
tel: 40173166
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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 -9.7 kDKK in 2024. The operating profit was -9.7 kDKK, while net earnings were 3661.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 9.6 %, which can be considered good and Return on Equity (ROE) was 11.1 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 85.2 %, 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 1.9 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit-93.29- 148.23- 175.88- 156.14-9.67
EBIT-95.65- 176.56- 204.21- 156.14-9.67
Net earnings3 480.524 774.612 073.551 072.823 661.54
Shareholders equity total23 383.9228 224.3430 183.5031 138.5134 851.64
Balance sheet total (assets)24 507.1530 313.0632 108.4936 806.5140 927.71
Net debt-3 692.58-5 260.04-1 940.32-2 295.79-1 672.31
Profitability
EBIT-%
ROA14.9 %17.4 %8.1 %3.3 %9.6 %
ROE16.0 %18.5 %7.1 %3.5 %11.1 %
ROI15.1 %17.7 %8.2 %3.5 %10.7 %
Economic value added (EVA)-1 240.44-1 410.77-1 649.89-1 765.88-1 646.43
Solvency
Equity ratio95.4 %93.1 %94.0 %84.6 %85.2 %
Gearing3.4 %5.2 %6.1 %4.6 %7.1 %
Relative net indebtedness %
Liquidity
Quick ratio6.94.85.12.31.9
Current ratio6.94.85.12.72.1
Cash and cash equivalents4 488.816 739.383 791.453 729.574 156.19
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:9.64%
Rating: 56/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:85.2%
Rating: 65/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Board member

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