FLETCO CARPETS A/S — Credit Rating and Financial Key Figures

CVR number: 37702811
Mads Clausens Vej 2, 7441 Bording
tel: 96603060

Credit rating

Company information

Official name
FLETCO CARPETS A/S
Personnel
48 persons
Established
1972
Company form
Limited company
Industry
  • Expand more icon13Manufacture of textiles

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit40 665.0038 881.0049 807.0046 695.6835 850.06
EBIT7 835.004 352.0016 527.0014 130.313 622.50
Net earnings4 794.002 065.0011 537.008 784.87- 196.84
Shareholders equity total80 311.0071 376.0072 912.0081 697.1081 500.26
Balance sheet total (assets)147 912.00150 514.00154 249.00155 405.16139 488.17
Net debt47 460.1839 802.65
Profitability
EBIT-%
ROA5.1 %2.9 %10.8 %8.7 %1.9 %
ROE5.9 %2.7 %16.0 %11.4 %-0.2 %
ROI5.4 %2.9 %10.8 %7.7 %1.5 %
Economic value added (EVA)5 714.60316.3712 940.367 326.38630.11
Solvency
Equity ratio100.0 %100.0 %100.0 %79.0 %80.8 %
Gearing58.7 %50.3 %
Relative net indebtedness %
Liquidity
Quick ratio6.84.6
Current ratio29.222.7
Cash and cash equivalents478.741 190.22
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBAAAA

Variable visualization

ROA:1.86%
Rating: 29/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:80.8%
Rating: 60/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member

Companies in the same industry

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