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

CVR number: 37702811
Mads Clausens Vej 2, 7441 Bording
tel: 96603060
Free credit report Annual report

Company information

Official name
FLETCO CARPETS A/S
Personnel
46 persons
Established
1972
Company form
Limited company
Industry

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 34.9 mDKK in 2024. The operating profit was 3527.4 kDKK, while net earnings were 883.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.7 %, which can be considered weak and Return on Equity (ROE) was 1.1 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 60.5 %, 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. FLETCO CARPETS A/S's liquidity measured by quick ratio was 0.4 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

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 profit38 881.0049 807.0046 696.0035 850.0634 909.04
EBIT4 352.0016 527.0014 130.003 622.503 527.37
Net earnings2 065.0011 537.008 785.00- 196.84883.20
Shareholders equity total71 376.0072 912.0081 697.0081 500.2682 383.46
Balance sheet total (assets)150 514.00154 249.00155 405.00139 488.17136 268.18
Net debt39 802.6537 625.84
Profitability
EBIT-%
ROA2.9 %10.8 %9.1 %1.9 %2.7 %
ROE2.7 %16.0 %11.4 %-0.2 %1.1 %
ROI2.9 %10.8 %9.1 %1.9 %2.8 %
Economic value added (EVA)316.3712 940.3610 466.17-1 384.58-3 999.67
Solvency
Equity ratio100.0 %100.0 %100.0 %58.5 %60.5 %
Gearing50.3 %47.2 %
Relative net indebtedness %
Liquidity
Quick ratio0.30.4
Current ratio1.61.6
Cash and cash equivalents1 190.221 274.60
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBAA

Variable visualization

ROA:2.71%
Rating: 34/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:60.5%
Rating: 47/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member

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