FLORIDANES A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 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 earnings | 3 480.52 | 4 774.61 | 2 073.55 | 1 072.82 | 3 661.54 |
Shareholders equity total | 23 383.92 | 28 224.34 | 30 183.50 | 31 138.51 | 34 851.64 |
Balance sheet total (assets) | 24 507.15 | 30 313.06 | 32 108.49 | 36 806.51 | 40 927.71 |
Net debt | -3 692.58 | -5 260.04 | -1 940.32 | -2 295.79 | -1 672.31 |
Profitability | |||||
EBIT-% | |||||
ROA | 14.9 % | 17.4 % | 8.1 % | 3.3 % | 9.6 % |
ROE | 16.0 % | 18.5 % | 7.1 % | 3.5 % | 11.1 % |
ROI | 15.1 % | 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 ratio | 95.4 % | 93.1 % | 94.0 % | 84.6 % | 85.2 % |
Gearing | 3.4 % | 5.2 % | 6.1 % | 4.6 % | 7.1 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 6.9 | 4.8 | 5.1 | 2.3 | 1.9 |
Current ratio | 6.9 | 4.8 | 5.1 | 2.7 | 2.1 |
Cash and cash equivalents | 4 488.81 | 6 739.38 | 3 791.45 | 3 729.57 | 4 156.19 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | A | A | A | A |
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