FINELCO A/S — Credit Rating and Financial Key Figures

CVR number: 29322953
Industrivej 25, 9830 Tårs
tel: 98961577
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Company information

Official name
FINELCO A/S
Personnel
11 persons
Established
2006
Company form
Limited company
Industry

About FINELCO A/S

FINELCO A/S (CVR number: 29322953) is a company from HJØRRING. The company recorded a gross profit of 22.4 mDKK in 2024. The operating profit was 14.9 mDKK, while net earnings were 11.2 mDKK. The profitability of the company measured by Return on Assets (ROA) was 40.3 %, which can be considered excellent and Return on Equity (ROE) was 52.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 57.7 %, 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. FINELCO A/S's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit13 935.9217 467.1715 082.5018 933.9822 401.34
EBIT7 754.8411 333.528 357.2612 021.4714 871.31
Net earnings5 921.408 706.006 303.969 140.3211 193.32
Shareholders equity total16 015.9319 721.9217 025.8820 166.2022 359.52
Balance sheet total (assets)33 191.8534 752.6538 362.5136 787.8038 770.18
Net debt4 529.987 612.0810 413.302 918.5510 019.68
Profitability
EBIT-%
ROA26.3 %33.8 %23.2 %32.3 %40.3 %
ROE37.5 %48.7 %34.3 %49.2 %52.6 %
ROI31.8 %41.3 %26.9 %38.5 %48.8 %
Economic value added (EVA)4 881.137 509.815 063.187 677.4110 087.40
Solvency
Equity ratio48.3 %56.7 %44.4 %54.8 %57.7 %
Gearing59.5 %43.8 %94.4 %41.2 %45.8 %
Relative net indebtedness %
Liquidity
Quick ratio0.91.00.80.90.7
Current ratio1.61.91.62.01.9
Cash and cash equivalents5 002.941 017.885 660.995 388.39224.15
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:40.3%
Rating: 89/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:57.7%
Rating: 45/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board

Companies in the same industry

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