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F. ENGEL KONFEKTION A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
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 673.3 mDKK in 2024, demonstrating a growth of 5.6 % compared to the previous year. The operating profit percentage was at 17.4 % (EBIT: 117.3 mDKK), while net earnings were 92.8 mDKK. The profitability of the company measured by Return on Assets (ROA) was 16.4 %, which can be considered excellent and Return on Equity (ROE) was 19.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 69.3 %, 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 1.6 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 financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | 461.29 | 618.23 | 676.77 | 637.71 | 673.30 |
| Gross profit | 461.29 | 618.23 | 263.11 | 252.45 | 288.51 |
| EBIT | 43.12 | 83.83 | 109.19 | 85.48 | 117.34 |
| Net earnings | 41.50 | 69.05 | 87.06 | 66.84 | 92.81 |
| Shareholders equity total | 263.72 | 326.58 | 398.39 | 447.33 | 527.73 |
| Balance sheet total (assets) | 509.76 | 608.02 | 779.33 | 725.70 | 761.11 |
| Net debt | 146.94 | 36.27 | -59.35 | ||
| Profitability | |||||
| EBIT-% | 9.3 % | 13.6 % | 16.1 % | 13.4 % | 17.4 % |
| ROA | 9.0 % | 15.0 % | 16.1 % | 12.3 % | 16.4 % |
| ROE | 17.0 % | 23.4 % | 24.7 % | 16.5 % | 19.8 % |
| ROI | 9.0 % | 15.0 % | 18.3 % | 15.4 % | 19.9 % |
| Economic value added (EVA) | 31.76 | 70.58 | 73.44 | 38.19 | 65.87 |
| Solvency | |||||
| Equity ratio | 100.0 % | 100.0 % | 51.1 % | 61.6 % | 69.3 % |
| Gearing | 50.3 % | 28.6 % | 18.9 % | ||
| Relative net indebtedness % | 47.1 % | 28.0 % | 9.8 % | ||
| Liquidity | |||||
| Quick ratio | 0.5 | 1.0 | 1.6 | ||
| Current ratio | 2.3 | 3.0 | 3.6 | ||
| Cash and cash equivalents | 53.42 | 91.61 | 159.00 | ||
| Capital use efficiency | |||||
| Trade debtors turnover (days) | 48.9 | 52.7 | 60.1 | ||
| Net working capital % | 49.1 % | 56.7 % | 59.5 % | ||
| Credit risk | |||||
| Credit rating | BBB | BBB | AAA | AAA | AAA |
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