FIND GRUPPEN A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About FIND GRUPPEN A/S
FIND GRUPPEN A/S (CVR number: 20749601K) is a company from VEJLE. The company reported a net sales of 169.4 mDKK in 2021, demonstrating a growth of 12.7 % compared to the previous year. The operating profit percentage was at 8.1 % (EBIT: 13.7 mDKK), while net earnings were 11.2 mDKK. The profitability of the company measured by Return on Assets (ROA) was 21.3 %, which can be considered excellent and Return on Equity (ROE) was 28.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 60.6 %, 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. FIND GRUPPEN A/S's liquidity measured by quick ratio was 1.8 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 financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2017 | 2018 | 2019 | 2020 | 2021 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 132.04 | 143.52 | 138.54 | 150.31 | 169.36 |
Gross profit | 101.87 | 112.01 | 108.39 | 119.19 | 128.31 |
EBIT | 15.84 | 18.90 | 11.94 | 23.54 | 13.72 |
Net earnings | 12.64 | 15.36 | 9.12 | 19.84 | 11.24 |
Shareholders equity total | 27.65 | 30.41 | 39.53 | 50.28 | 32.79 |
Balance sheet total (assets) | 59.37 | 66.91 | 70.27 | 75.70 | 54.10 |
Net debt | -17.34 | -24.47 | -19.39 | -27.25 | -17.42 |
Profitability | |||||
EBIT-% | 12.0 % | 13.2 % | 8.6 % | 15.7 % | 8.1 % |
ROA | 27.5 % | 31.5 % | 18.6 % | 34.7 % | 21.3 % |
ROE | 42.2 % | 52.9 % | 26.1 % | 44.2 % | 28.1 % |
ROI | 40.4 % | 48.2 % | 25.9 % | 44.3 % | 29.0 % |
Economic value added (EVA) | 12.26 | 14.84 | 9.65 | 17.87 | 11.37 |
Solvency | |||||
Equity ratio | 46.6 % | 45.5 % | 56.3 % | 66.4 % | 60.6 % |
Gearing | 41.6 % | 38.5 % | 18.4 % | 15.5 % | 10.4 % |
Relative net indebtedness % | 1.7 % | -0.2 % | 2.5 % | -6.8 % | 0.2 % |
Liquidity | |||||
Quick ratio | 1.5 | 1.5 | 2.6 | 2.5 | 1.8 |
Current ratio | 1.5 | 1.5 | 2.6 | 2.6 | 1.8 |
Cash and cash equivalents | 28.85 | 36.17 | 26.66 | 35.04 | 20.84 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 17.8 | 17.7 | 8.9 | 10.3 | 12.2 |
Net working capital % | 3.1 % | 5.0 % | 17.8 % | 18.7 % | 5.4 % |
Credit risk | |||||
Credit rating | AA | AA | AAA | AA | AA |
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