Flashback Motors A/S
Credit rating
Company information
About Flashback Motors A/S
Flashback Motors A/S (CVR number: 30586565) is a company from ROSKILDE. The company recorded a gross profit of -952.4 kDKK in 2023. The operating profit was -1557.3 kDKK, while net earnings were -1569.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was -49.5 %, which can be considered poor and Return on Equity (ROE) was -64.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 95.7 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Flashback Motors A/S's liquidity measured by quick ratio was 4.6 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 1 545.51 | - 495.24 | - 374.64 | - 310.67 | - 952.38 |
EBIT | 150.61 | -1 020.19 | - 901.37 | - 967.18 | -1 557.27 |
Net earnings | 227.10 | -4 335.13 | -1 968.31 | -1 260.94 | -1 569.70 |
Shareholders equity total | 11 779.57 | 7 444.44 | 476.13 | 715.19 | 4 145.49 |
Balance sheet total (assets) | 12 930.87 | 7 794.70 | 2 139.55 | 1 947.17 | 4 332.58 |
Net debt | -4 171.60 | -7 179.90 | 521.68 | - 352.77 | - 689.78 |
Profitability | |||||
EBIT-% | |||||
ROA | 2.3 % | 21.8 % | -18.1 % | -47.3 % | -49.5 % |
ROE | 1.9 % | -45.1 % | -49.7 % | -211.7 % | -64.6 % |
ROI | 2.4 % | -43.3 % | -19.1 % | -51.3 % | -52.4 % |
Economic value added (EVA) | - 171.80 | -1 165.37 | - 447.55 | - 736.22 | -1 521.25 |
Solvency | |||||
Equity ratio | 91.1 % | 95.5 % | 22.3 % | 36.7 % | 95.7 % |
Gearing | 5.3 % | 315.0 % | 150.9 % | ||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 4.6 | 21.9 | 1.0 | 1.2 | 4.6 |
Current ratio | 7.9 | 22.1 | 1.2 | 1.2 | 21.1 |
Cash and cash equivalents | 4 796.59 | 7 179.90 | 978.32 | 1 431.93 | 689.78 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | B | BB | BB | BB |
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