K/S FIOLSTRÆDE — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 2 297.35 | 1 935.04 | 1 939.10 | 2 136.23 | 2 297.52 |
Gross profit | 1 695.24 | 1 343.21 | 1 088.26 | 1 510.57 | 1 404.95 |
EBIT | 1 338.57 | 707.96 | 1 942.68 | -3 159.43 | 1 710.81 |
Net earnings | 1 566.77 | 801.74 | 1 815.91 | -3 371.26 | 981.84 |
Shareholders equity total | 26 443.00 | 26 194.75 | 26 890.65 | 22 819.39 | 22 751.24 |
Balance sheet total (assets) | 44 791.31 | 44 479.93 | 45 385.97 | 41 214.19 | 41 357.18 |
Net debt | 16 071.35 | 16 149.60 | 15 916.67 | 15 378.01 | 15 520.86 |
Profitability | |||||
EBIT-% | 58.3 % | 36.6 % | 100.2 % | -147.9 % | 74.5 % |
ROA | 3.0 % | 1.6 % | 4.3 % | -7.3 % | 4.2 % |
ROE | 6.0 % | 3.0 % | 6.8 % | -13.6 % | 4.3 % |
ROI | 3.1 % | 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 ratio | 59.0 % | 58.9 % | 59.3 % | 55.4 % | 55.0 % |
Gearing | 65.4 % | 66.0 % | 64.1 % | 75.5 % | 75.7 % |
Relative net indebtedness % | 745.7 % | 886.8 % | 885.3 % | 774.5 % | 735.6 % |
Liquidity | |||||
Quick ratio | 1.2 | 1.3 | 1.4 | 1.6 | 1.3 |
Current ratio | 1.2 | 1.3 | 1.3 | 1.6 | 1.3 |
Cash and cash equivalents | 1 216.36 | 1 125.85 | 1 328.28 | 1 849.03 | 1 706.18 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | 9.0 % | 16.3 % | 18.5 % | 34.8 % | 16.0 % |
Credit risk | |||||
Credit rating | AA | AA | AA | BBB | AA |
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