F. ENGEL KONFEKTION A/S — Credit Rating and Financial Key Figures

CVR number: 30637119
Norgesvej 12, 6100 Haderslev
tel: 74223535

Credit rating

Company information

Official name
F. ENGEL KONFEKTION A/S
Established
1964
Company form
Limited company
Industry
  • Expand more icon14Manufacture of wearing apparel

About F. ENGEL KONFEKTION A/S

F. ENGEL KONFEKTION A/S (CVR number: 30637119K) is a company from HADERSLEV. The company reported a net sales of 637.7 mDKK in 2023, demonstrating a decline of -5.8 % compared to the previous year. The operating profit percentage was at 13.4 % (EBIT: 85.5 mDKK), while net earnings were 66.8 mDKK. The profitability of the company measured by Return on Assets (ROA) was 12.3 %, which can be considered good but Return on Equity (ROE) was 16.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 61.6 %, 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. F. ENGEL KONFEKTION A/S's liquidity measured by quick ratio was 1 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

Financial information

See financials

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales383.23461.29618.23676.77637.71
Gross profit383.23461.29618.23263.11252.95
EBIT17.0943.1283.83109.1985.48
Net earnings17.1341.5069.0587.0666.84
Shareholders equity total225.97263.72326.58398.39447.33
Balance sheet total (assets)447.48509.76608.02779.33725.70
Net debt146.9436.27
Profitability
EBIT-%4.5 %9.3 %13.6 %16.1 %13.4 %
ROA4.0 %9.0 %15.0 %16.1 %12.3 %
ROE7.9 %17.0 %23.4 %24.7 %16.5 %
ROI4.4 %9.0 %15.0 %18.3 %15.4 %
Economic value added (EVA)10.6631.7670.5873.4450.18
Solvency
Equity ratio100.0 %100.0 %100.0 %51.1 %61.6 %
Gearing50.3 %28.6 %
Relative net indebtedness %47.1 %28.0 %
Liquidity
Quick ratio0.51.0
Current ratio2.33.0
Cash and cash equivalents53.4291.61
Capital use efficiency
Trade debtors turnover (days)48.952.7
Net working capital %49.1 %56.7 %
Credit risk
Credit ratingBBBBBBBBBAAAAAA

Variable visualization

ROA:12.3%
Rating: 62/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:61.6%
Rating: 48/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member

Companies in the same industry

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