FL Klejnsmed ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About FL Klejnsmed ApS
FL Klejnsmed ApS (CVR number: 37647624) is a company from KØGE. The company recorded a gross profit of 416.9 kDKK in 2022. The operating profit was -7.8 kDKK, while net earnings were -8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -2.4 %, which can be considered poor and Return on Equity (ROE) was -3.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 79.6 %, 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. FL Klejnsmed ApS's liquidity measured by quick ratio was 4.8 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2018 | 2019 | 2020 | 2021 | 2022 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | 616.58 | 709.58 | |||
| Gross profit | 454.60 | 525.39 | 504.87 | 418.17 | 416.91 |
| EBIT | -2.58 | 43.05 | 39.42 | -2.27 | -7.81 |
| Net earnings | -2.58 | 33.23 | 28.53 | 1.28 | -8.04 |
| Shareholders equity total | 194.41 | 227.65 | 256.18 | 257.46 | 249.42 |
| Balance sheet total (assets) | 244.18 | 304.17 | 403.86 | 345.73 | 313.33 |
| Net debt | - 105.57 | - 126.50 | - 252.73 | - 207.55 | - 161.51 |
| Profitability | |||||
| EBIT-% | -0.4 % | 6.1 % | |||
| ROA | -1.0 % | 15.7 % | 11.1 % | -0.6 % | -2.4 % |
| ROE | -1.3 % | 15.7 % | 11.8 % | 0.5 % | -3.2 % |
| ROI | -1.3 % | 20.1 % | 16.1 % | -0.9 % | -3.1 % |
| Economic value added (EVA) | -9.97 | 29.11 | 24.46 | -2.45 | -9.40 |
| Solvency | |||||
| Equity ratio | 79.6 % | 74.8 % | 63.4 % | 74.5 % | 79.6 % |
| Gearing | |||||
| Relative net indebtedness % | -9.5 % | -7.4 % | |||
| Liquidity | |||||
| Quick ratio | 4.6 | 3.8 | 2.7 | 3.8 | 4.8 |
| Current ratio | 4.6 | 3.8 | 2.7 | 3.8 | 4.8 |
| Cash and cash equivalents | 105.57 | 126.50 | 252.73 | 207.55 | 161.51 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | 65.8 | 80.5 | |||
| Net working capital % | 27.4 % | 29.5 % | |||
| Credit risk | |||||
| Credit rating | BB | BB | BBB | BBB | BBB |
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