Flair Group A/S

CVR number: 12932375
Falkoner Alle 1, 2000 Frederiksberg
flair@flair.dk
tel: 38889400

Credit rating

Company information

Official name
Flair Group A/S
Personnel
1202 persons
Established
1989
Company form
Limited company
Industry
  • Expand more icon78Employment activities

About the company

Flair Group A/S (CVR number: 12932375) is a company from FREDERIKSBERG. The company reported a net sales of 385.2 mDKK in 2023, demonstrating a decline of -4.6 % compared to the previous year. The operating profit percentage was poor at -1.6 % (EBIT: -6 mDKK), while net earnings were -7060 kDKK. The profitability of the company measured by Return on Assets (ROA) was -5.7 %, which can be considered poor and Return on Equity (ROE) was -7.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -1.5 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Flair Group A/S's liquidity measured by quick ratio was 1.5 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

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
20192020202120222023
Volume
Net sales437.51403.31495.23403.75385.18
Gross profit402.94369.99467.61372.42361.83
EBIT402.94369.99467.61-11.19-5.99
Net earnings-24.19-2.66-3.75-12.38-7.06
Shareholders equity total14.8612.20-0.55-12.94-1.41
Balance sheet total (assets)107.48112.79116.7388.4494.48
Net debt4.65-12.38
Profitability
EBIT-%92.1 %91.7 %94.4 %-2.8 %-1.6 %
ROA340.7 %335.9 %406.5 %-10.2 %-5.7 %
ROE-89.7 %-19.7 %-64.4 %-28.2 %-7.7 %
ROI501.3 %335.9 %406.5 %-17.0 %-78.9 %
Economic value added (EVA)402.30369.24467.00-11.16-4.85
Solvency
Equity ratio100.0 %100.0 %-12.8 %-1.5 %
Gearing-110.5 %
Relative net indebtedness %22.7 %21.7 %
Liquidity
Quick ratio1.31.5
Current ratio1.31.5
Cash and cash equivalents9.6512.38
Capital use efficiency
Trade debtors turnover (days)64.672.4
Net working capital %4.7 %8.3 %
Credit risk
Credit ratingBBBBBB

Variable visualization

ROA:-5.72%
Rating: 14/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-1.47%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Companies in the same industry

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