K/S FIOLSTRÆDE — Credit Rating and Financial Key Figures

CVR number: 24253384
Klosterplads 2, 5700 Svendborg
michael@holmsberg.dk
tel: 70227735

Company information

Official name
K/S FIOLSTRÆDE
Personnel
3 persons
Established
1997
Company form
Limited partnership
Industry

About K/S FIOLSTRÆDE

K/S FIOLSTRÆDE (CVR number: 24253384) is a company from SVENDBORG. The company reported a net sales of 2.3 mDKK in 2023, demonstrating a growth of 7.6 % compared to the previous year. The operating profit percentage was at 74.5 % (EBIT: 1.7 mDKK), while net earnings were 981.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.2 %, which can be considered decent and Return on Equity (ROE) was 4.3 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 55 %, 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. K/S FIOLSTRÆDE's liquidity measured by quick ratio was 1.3 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

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales2 297.351 935.041 939.102 136.232 297.52
Gross profit1 695.241 343.211 088.261 510.571 404.95
EBIT1 338.57707.961 942.68-3 159.431 710.81
Net earnings1 566.77801.741 815.91-3 371.26981.84
Shareholders equity total26 443.0026 194.7526 890.6522 819.3922 751.24
Balance sheet total (assets)44 791.3144 479.9345 385.9741 214.1941 357.18
Net debt16 071.3516 149.6015 916.6715 378.0115 520.86
Profitability
EBIT-%58.3 %36.6 %100.2 %-147.9 %74.5 %
ROA3.0 %1.6 %4.3 %-7.3 %4.2 %
ROE6.0 %3.0 %6.8 %-13.6 %4.3 %
ROI3.1 %1.6 %4.4 %-7.5 %4.3 %
Economic value added (EVA)-1 250.46-1 888.62- 644.53-5 308.32- 208.61
Solvency
Equity ratio59.0 %58.9 %59.3 %55.4 %55.0 %
Gearing65.4 %66.0 %64.1 %75.5 %75.7 %
Relative net indebtedness %745.7 %886.8 %885.3 %774.5 %735.6 %
Liquidity
Quick ratio1.21.31.41.61.3
Current ratio1.21.31.31.61.3
Cash and cash equivalents1 216.361 125.851 328.281 849.031 706.18
Capital use efficiency
Trade debtors turnover (days)
Net working capital %9.0 %16.3 %18.5 %34.8 %16.0 %
Credit risk
Credit ratingAAAAAABBBAA

Variable visualization

ROA:4.15%
Rating: 40/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:55.0%
Rating: 43/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member
Board member

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