FISKARS DENMARK A/S — Credit Rating and Financial Key Figures

CVR number: 26573572
Dirch Passers Allé 76, 2000 Frederiksberg
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Company information

Official name
FISKARS DENMARK A/S
Personnel
302 persons
Established
2002
Company form
Limited company
Industry

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 financials

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales849.00921.00928.00899.00698.00
Gross profit849.00501.00523.00533.00330.00
EBIT849.00270.00275.00262.0027.00
Net earnings185.00214.00237.00214.00-16.00
Shareholders equity total238.00450.00367.00261.001 401.00
Balance sheet total (assets)476.00753.00604.001 415.002 296.00
Net debt59.0034.00978.00667.00
Profitability
EBIT-%100.0 %29.3 %29.6 %29.1 %3.9 %
ROA135.0 %44.6 %44.5 %28.2 %1.9 %
ROE41.5 %62.2 %58.0 %68.2 %-1.9 %
ROI135.0 %49.5 %53.8 %31.6 %2.0 %
Economic value added (EVA)816.19199.69186.32182.12-32.75
Solvency
Equity ratio100.0 %59.8 %60.8 %18.4 %61.0 %
Gearing13.3 %9.5 %375.5 %47.9 %
Relative net indebtedness %31.9 %24.6 %127.0 %122.8 %
Liquidity
Quick ratio2.52.30.21.5
Current ratio2.62.50.21.6
Cash and cash equivalents1.001.002.004.00
Capital use efficiency
Trade debtors turnover (days)74.956.650.891.0
Net working capital %31.8 %23.3 %-95.4 %17.8 %
Credit risk
Credit ratingBBBAAAAAA

Variable visualization

ROA:1.89%
Rating: 29/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:61.0%
Rating: 47/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board

Companies in the same industry

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