FALCON REDERI A/S
Credit rating
Company information
50Water transport
About FALCON REDERI A/S
FALCON REDERI A/S (CVR number: 27582206K) is a company from KØBENHAVN. The company reported a net sales of 18.5 mDKK in 2023, demonstrating a decline of -7.6 % compared to the previous year. The operating profit percentage was at 21.6 % (EBIT: 4 mDKK), while net earnings were 3075 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7.1 %, which can be considered decent and Return on Equity (ROE) was 7.6 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 72.9 %, 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. FALCON REDERI A/S's liquidity measured by quick ratio was 1.2 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 (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | 9 951.00 | 13 789.00 | 22 143.00 | 20 010.00 | 18 498.00 |
| Gross profit | 1 551.00 | 1 573.00 | 11 764.00 | 11 938.00 | 7 787.00 |
| EBIT | -42.00 | - 700.00 | 9 412.00 | 8 764.00 | 4 004.00 |
| Net earnings | - 292.00 | -1 284.00 | 8 979.00 | 8 254.00 | 3 075.00 |
| Shareholders equity total | 19 708.00 | 22 624.00 | 31 603.00 | 39 457.00 | 41 532.00 |
| Balance sheet total (assets) | 26 011.00 | 39 394.00 | 47 067.00 | 63 322.00 | 56 977.00 |
| Net debt | 2 916.00 | 13 429.00 | 6 936.00 | 15 732.00 | 9 691.00 |
| Profitability | |||||
| EBIT-% | -0.4 % | -5.1 % | 42.5 % | 43.8 % | 21.6 % |
| ROA | -0.0 % | -2.1 % | 21.8 % | 16.1 % | 7.1 % |
| ROE | -1.5 % | -6.1 % | 33.1 % | 23.2 % | 7.6 % |
| ROI | -0.0 % | -2.1 % | 22.3 % | 16.5 % | 7.2 % |
| Economic value added (EVA) | -1 151.24 | -1 754.07 | 7 767.31 | 7 113.59 | 1 996.61 |
| Solvency | |||||
| Equity ratio | 75.8 % | 57.4 % | 67.1 % | 62.5 % | 72.9 % |
| Gearing | 28.1 % | 70.2 % | 45.1 % | 56.4 % | 35.0 % |
| Relative net indebtedness % | 37.0 % | 103.9 % | 35.7 % | 86.6 % | 57.4 % |
| Liquidity | |||||
| Quick ratio | 2.8 | 1.2 | 3.4 | 1.6 | 1.2 |
| Current ratio | 3.3 | 1.6 | 3.9 | 1.7 | 1.3 |
| Cash and cash equivalents | 2 621.00 | 2 449.00 | 7 304.00 | 6 527.00 | 4 836.00 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | 25.0 | 11.9 | 6.1 | 4.7 | 0.2 |
| Net working capital % | 31.5 % | 10.9 % | 33.6 % | 17.9 % | 6.6 % |
| Credit risk | |||||
| Credit rating | A | BBB | A | AA | A |
Variable visualization
Roles
Companies in the same industry
Create your own estimates for any company
Valuation analysis
See instructions
... and more!
No registration needed.