FISKARS DENMARK A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About FISKARS DENMARK A/S
FISKARS DENMARK A/S (CVR number: 26573572) is a company from FREDERIKSBERG. The company reported a net sales of 698 mDKK in 2024, demonstrating a decline of -22.4 % compared to the previous year. The operating profit percentage was at 3.9 % (EBIT: 27 mDKK), while net earnings were -16 mDKK. The profitability of the company measured by Return on Assets (ROA) was 1.9 %, which can be considered weak but Return on Equity (ROE) was -1.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 61 %, 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. FISKARS DENMARK A/S's liquidity measured by quick ratio was 1.5 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 (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 849.00 | 921.00 | 928.00 | 899.00 | 698.00 |
Gross profit | 849.00 | 501.00 | 523.00 | 533.00 | 330.00 |
EBIT | 849.00 | 270.00 | 275.00 | 262.00 | 27.00 |
Net earnings | 185.00 | 214.00 | 237.00 | 214.00 | -16.00 |
Shareholders equity total | 238.00 | 450.00 | 367.00 | 261.00 | 1 401.00 |
Balance sheet total (assets) | 476.00 | 753.00 | 604.00 | 1 415.00 | 2 296.00 |
Net debt | 59.00 | 34.00 | 978.00 | 667.00 | |
Profitability | |||||
EBIT-% | 100.0 % | 29.3 % | 29.6 % | 29.1 % | 3.9 % |
ROA | 135.0 % | 44.6 % | 44.5 % | 28.2 % | 1.9 % |
ROE | 41.5 % | 62.2 % | 58.0 % | 68.2 % | -1.9 % |
ROI | 135.0 % | 49.5 % | 53.8 % | 31.6 % | 2.0 % |
Economic value added (EVA) | 816.19 | 199.69 | 186.32 | 182.12 | -32.75 |
Solvency | |||||
Equity ratio | 100.0 % | 59.8 % | 60.8 % | 18.4 % | 61.0 % |
Gearing | 13.3 % | 9.5 % | 375.5 % | 47.9 % | |
Relative net indebtedness % | 31.9 % | 24.6 % | 127.0 % | 122.8 % | |
Liquidity | |||||
Quick ratio | 2.5 | 2.3 | 0.2 | 1.5 | |
Current ratio | 2.6 | 2.5 | 0.2 | 1.6 | |
Cash and cash equivalents | 1.00 | 1.00 | 2.00 | 4.00 | |
Capital use efficiency | |||||
Trade debtors turnover (days) | 74.9 | 56.6 | 50.8 | 91.0 | |
Net working capital % | 31.8 % | 23.3 % | -95.4 % | 17.8 % | |
Credit risk | |||||
Credit rating | BBB | AA | A | A | AA |
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