FLINT GROUP DENMARK A/S
Credit rating
Company information
About FLINT GROUP DENMARK A/S
FLINT GROUP DENMARK A/S (CVR number: 15258330) is a company from KØBENHAVN. The company recorded a gross profit of 20.2 mDKK in 2023. The operating profit was -2278.1 kDKK, while net earnings were -2501.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -4.2 %, which can be considered poor and Return on Equity (ROE) was -14.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 47.8 %, 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. FLINT GROUP DENMARK 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 financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 12 190.40 | 19 320.19 | 20 338.95 | 25 495.91 | 20 170.07 |
EBIT | -3 066.29 | 1 732.76 | 1 604.38 | 7 419.17 | -2 278.14 |
Net earnings | -3 481.52 | 1 595.17 | 2 263.37 | 3 115.51 | -2 501.84 |
Shareholders equity total | 11 518.48 | 13 113.65 | 15 377.01 | 18 492.52 | 15 990.68 |
Balance sheet total (assets) | 20 152.30 | 24 912.81 | 26 407.09 | 31 868.83 | 33 446.15 |
Net debt | - 680.87 | -1 828.98 | - 498.89 | - 738.14 | -2 662.02 |
Profitability | |||||
EBIT-% | |||||
ROA | -2.4 % | 8.8 % | 7.1 % | 26.4 % | -4.2 % |
ROE | -4.7 % | 13.0 % | 15.9 % | 18.4 % | -14.5 % |
ROI | -2.6 % | 14.5 % | 11.9 % | 41.4 % | -7.1 % |
Economic value added (EVA) | -10 920.33 | 718.51 | 580.98 | 4 546.25 | -3 644.58 |
Solvency | |||||
Equity ratio | 57.2 % | 52.6 % | 58.2 % | 58.0 % | 47.8 % |
Gearing | 5.7 % | 1.4 % | 3.4 % | 15.3 % | 5.4 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 2.4 | 2.3 | 2.3 | 2.3 | 1.9 |
Current ratio | 2.4 | 2.4 | 2.4 | 2.4 | 1.9 |
Cash and cash equivalents | 1 334.36 | 2 006.55 | 1 021.44 | 3 564.31 | 3 530.55 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | A | A | AA | BBB |
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