FLY A/S — Credit Rating and Financial Key Figures

CVR number: 21802638
Gyvelvænget 130, 7730 Hanstholm

Credit rating

Company information

Official name
FLY A/S
Personnel
1 person
Established
1999
Company form
Limited company
Industry

About FLY A/S

FLY A/S (CVR number: 21802638) is a company from THISTED. The company recorded a gross profit of 223.8 kDKK in 2024. The operating profit was 215.8 kDKK, while net earnings were 326.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 14.6 %, which can be considered good but Return on Equity (ROE) was 46.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 27.3 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. FLY A/S's liquidity measured by quick ratio was 1.4 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.

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 profit805.74441.70120.82152.35223.80
EBIT72.36- 196.08- 175.72119.11215.75
Net earnings78.23-30.60- 380.35247.79326.25
Shareholders equity total1 239.521 208.92328.58576.37832.62
Balance sheet total (assets)5 971.503 483.422 902.913 036.893 046.33
Net debt-1 399.05-1 079.19-64.42- 387.99- 780.34
Profitability
EBIT-%
ROA2.2 %-0.8 %-0.0 %10.8 %14.6 %
ROE5.4 %-2.5 %-49.5 %54.8 %46.3 %
ROI2.3 %-0.8 %-0.0 %11.0 %14.7 %
Economic value added (EVA)- 251.79- 429.31- 305.80-49.028.15
Solvency
Equity ratio20.8 %34.7 %11.3 %19.0 %27.3 %
Gearing347.7 %177.8 %759.5 %421.9 %260.8 %
Relative net indebtedness %
Liquidity
Quick ratio1.21.41.11.21.4
Current ratio1.21.41.11.21.4
Cash and cash equivalents5 709.443 228.312 560.092 819.592 951.95
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBB

Variable visualization

ROA:14.6%
Rating: 66/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:27.3%
Rating: 24/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member
Board member
Board member
Board member

Companies in the same industry

Try the full version of our system for free
Bankruptcy risk visualization example

... and more!

No registration needed.