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Flora K Shipping A/S

CVR number: 31060249
Lautrupsgade 7, 2100 København Ø
pm@falcon-maritime.com
tel: 39271060

Credit rating

Company information

Official name
Flora K Shipping A/S
Established
2007
Company form
Limited company
Industry
  • Expand more icon50Water transport

About the company

Flora K Shipping A/S (CVR number: 31060249) is a company from KØBENHAVN. The company reported a net sales of 3.9 mDKK in 2022, demonstrating a growth of 4.4 % compared to the previous year. The operating profit percentage was at 15.6 % (EBIT: 0.6 mDKK), while net earnings were 207 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4 %, which can be considered weak and Return on Equity (ROE) was 3.5 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 50.2 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. Flora K Shipping 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 (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20182019202020212022
Volume
Net sales3 748.003 702.003 865.00
Gross profit-1.00-2.00174.001 408.001 365.00
EBIT-1.00-2.00- 488.00645.00604.00
Net earnings-2.00-1.00- 831.00417.00207.00
Shareholders equity total1 801.001 799.003 669.004 085.007 685.00
Balance sheet total (assets)1 817.001 800.0015 935.0015 617.0015 296.00
Net debt2.00-11.0011 966.0010 681.006 285.00
Profitability
EBIT-%-13.0 %17.4 %15.6 %
ROA-0.1 %-0.1 %-5.5 %4.1 %4.0 %
ROE-0.1 %-0.1 %-30.4 %10.8 %3.5 %
ROI-0.1 %-0.1 %-5.5 %4.1 %4.0 %
Economic value added (EVA)-91.50-91.85- 544.47161.63- 100.19
Solvency
Equity ratio99.1 %99.9 %23.0 %26.2 %50.2 %
Gearing0.8 %332.0 %279.6 %95.2 %
Relative net indebtedness %321.5 %291.5 %170.3 %
Liquidity
Quick ratio113.61 800.00.10.21.0
Current ratio113.61 800.00.10.21.1
Cash and cash equivalents13.0011.00215.00739.001 030.00
Capital use efficiency
Trade debtors turnover (days)18.43.03.1
Net working capital %-101.8 %-92.1 %4.7 %
Credit risk
Credit ratingCBBBABBB

Variable visualization

ROA:3.99%
Rating: 40/100
-20%
0%
4%
11%
24%
60%
Equity ratio:50.2%
Rating: 40/100
-1%
21%
50%
81%
99%
100%

Roles

Chairman of the board
Board member

Companies in the same industry

Build time: 2024-07-12T11:31:12.406Z

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