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

CVR number: 29396353
Park Allé 295, 2605 Brøndby

Credit rating

Company information

Official name
FOSSIL DENMARK A/S
Personnel
2 persons
Established
2006
Company form
Limited company
Industry

About FOSSIL DENMARK A/S

FOSSIL DENMARK A/S (CVR number: 29396353) is a company from BRØNDBY. The company recorded a gross profit of 1752.9 kDKK in 2024. The operating profit was 258.8 kDKK, while net earnings were 437.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.8 %, which can be considered weak and Return on Equity (ROE) was 2.2 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 96 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. FOSSIL DENMARK A/S's liquidity measured by quick ratio was 24.8 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.

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 profit4 951.246 775.75453.661 590.881 752.85
EBIT- 809.884 945.11- 123.0752.85258.83
Net earnings- 931.934 825.87- 202.36356.25437.45
Shareholders equity total14 442.5419 268.4119 066.0519 422.2919 859.74
Balance sheet total (assets)25 378.2421 457.5621 431.5820 298.1620 692.18
Net debt-7 536.17-13 120.64-11 384.16-10 511.71-11 477.70
Profitability
EBIT-%
ROA-3.1 %21.1 %-0.5 %1.8 %2.8 %
ROE-6.3 %28.6 %-1.1 %1.9 %2.2 %
ROI-3.5 %23.1 %-0.5 %1.9 %2.9 %
Economic value added (EVA)-1 927.583 818.25-1 151.10- 981.45- 769.70
Solvency
Equity ratio56.9 %89.8 %89.0 %95.7 %96.0 %
Gearing55.3 %6.2 %8.0 %2.0 %
Relative net indebtedness %
Liquidity
Quick ratio2.29.79.023.124.8
Current ratio2.29.79.023.124.8
Cash and cash equivalents15 518.6514 310.4612 901.0810 511.7111 872.81
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:2.79%
Rating: 34/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:96.0%
Rating: 77/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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