FLETCO CARPETS A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About FLETCO CARPETS A/S
FLETCO CARPETS A/S (CVR number: 37702811) is a company from IKAST-BRANDE. The company recorded a gross profit of 35.9 mDKK in 2023. The operating profit was 3622.5 kDKK, while net earnings were -196.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.9 %, which can be considered weak but Return on Equity (ROE) was -0.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 80.8 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. FLETCO CARPETS A/S's liquidity measured by quick ratio was 4.6 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 financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 40 665.00 | 38 881.00 | 49 807.00 | 46 695.68 | 35 850.06 |
EBIT | 7 835.00 | 4 352.00 | 16 527.00 | 14 130.31 | 3 622.50 |
Net earnings | 4 794.00 | 2 065.00 | 11 537.00 | 8 784.87 | - 196.84 |
Shareholders equity total | 80 311.00 | 71 376.00 | 72 912.00 | 81 697.10 | 81 500.26 |
Balance sheet total (assets) | 147 912.00 | 150 514.00 | 154 249.00 | 155 405.16 | 139 488.17 |
Net debt | 47 460.18 | 39 802.65 | |||
Profitability | |||||
EBIT-% | |||||
ROA | 5.1 % | 2.9 % | 10.8 % | 8.7 % | 1.9 % |
ROE | 5.9 % | 2.7 % | 16.0 % | 11.4 % | -0.2 % |
ROI | 5.4 % | 2.9 % | 10.8 % | 7.7 % | 1.5 % |
Economic value added (EVA) | 5 714.60 | 316.37 | 12 940.36 | 7 326.38 | 630.11 |
Solvency | |||||
Equity ratio | 100.0 % | 100.0 % | 100.0 % | 79.0 % | 80.8 % |
Gearing | 58.7 % | 50.3 % | |||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 6.8 | 4.6 | |||
Current ratio | 29.2 | 22.7 | |||
Cash and cash equivalents | 478.74 | 1 190.22 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | A | AA | A |
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