F.L.B. INTERNATIONAL ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About F.L.B. INTERNATIONAL ApS
F.L.B. INTERNATIONAL ApS (CVR number: 18067471K) is a company from KØBENHAVN. The company reported a net sales of 352 mDKK in 2023, demonstrating a decline of -19.4 % compared to the previous year. The operating profit percentage was at 6 % (EBIT: 21 mDKK), while net earnings were 9751 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7.7 %, which can be considered decent but Return on Equity (ROE) was 15.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 53.4 %, 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. F.L.B. INTERNATIONAL ApS's liquidity measured by quick ratio was 1.4 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 498.87 | 436.89 | 352.04 | ||
Gross profit | 136.49 | 130.38 | 90.08 | ||
EBIT | 2.98 | 1.21 | 66.47 | 53.75 | 21.00 |
Net earnings | 2.56 | 2.31 | 49.00 | 45.54 | 9.75 |
Shareholders equity total | 5.74 | 87.34 | 127.27 | 166.23 | 153.70 |
Balance sheet total (assets) | 58.12 | 272.63 | 330.21 | 352.95 | 285.51 |
Net debt | 55.42 | 27.73 | |||
Profitability | |||||
EBIT-% | 13.3 % | 12.3 % | 6.0 % | ||
ROA | 4.4 % | 0.7 % | 22.1 % | 16.1 % | 7.7 % |
ROE | 57.2 % | 5.0 % | 45.7 % | 47.3 % | 15.3 % |
ROI | 5.5 % | 0.7 % | 22.1 % | 17.2 % | 9.1 % |
Economic value added (EVA) | 3.59 | 0.92 | 62.08 | 41.61 | 8.03 |
Solvency | |||||
Equity ratio | 100.0 % | 100.0 % | 100.0 % | 46.9 % | 53.4 % |
Gearing | 77.9 % | 46.6 % | |||
Relative net indebtedness % | 25.8 % | 25.0 % | |||
Liquidity | |||||
Quick ratio | 1.6 | 1.4 | |||
Current ratio | 4.1 | 4.3 | |||
Cash and cash equivalents | 74.06 | 43.96 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | 17.9 | 19.9 | |||
Net working capital % | 47.6 % | 46.7 % | |||
Credit risk | |||||
Credit rating | A | A | A | AAA | AAA |
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