FERREO HOLDING A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About FERREO HOLDING A/S
FERREO HOLDING A/S (CVR number: 19857700) is a company from KOLDING. The company recorded a gross profit of -25.2 kDKK in 2023. The operating profit was -280.2 kDKK, while net earnings were 1768.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 11.7 %, which can be considered good and Return on Equity (ROE) was 8.7 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 96.7 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. FERREO HOLDING A/S's liquidity measured by quick ratio was 80.3 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 | 57.87 | 493.31 | 100.48 | 23.52 | -25.19 |
EBIT | - 395.88 | - 767.32 | - 158.83 | - 192.47 | - 280.15 |
Net earnings | - 322.51 | - 550.48 | 5.31 | 800.73 | 1 768.82 |
Shareholders equity total | 8 294.89 | 7 744.40 | 7 749.71 | 19 479.34 | 21 148.23 |
Balance sheet total (assets) | 12 942.56 | 9 394.36 | 9 078.57 | 20 243.11 | 21 873.97 |
Net debt | 4 012.41 | 977.09 | 1 134.02 | -16 661.24 | -18 816.94 |
Profitability | |||||
EBIT-% | |||||
ROA | -2.3 % | -5.8 % | 0.2 % | 7.2 % | 11.7 % |
ROE | -3.8 % | -6.9 % | 0.1 % | 5.9 % | 8.7 % |
ROI | -2.3 % | -6.0 % | 0.2 % | 7.3 % | 11.9 % |
Economic value added (EVA) | - 966.05 | -1 155.94 | - 557.52 | - 590.87 | - 343.79 |
Solvency | |||||
Equity ratio | 64.1 % | 82.4 % | 85.4 % | 96.2 % | 96.7 % |
Gearing | 49.5 % | 16.9 % | 15.7 % | 2.6 % | |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 9.6 | 15.3 | 31.7 | 60.1 | 80.3 |
Current ratio | 9.6 | 15.3 | 31.7 | 60.1 | 80.3 |
Cash and cash equivalents | 89.79 | 331.44 | 82.42 | 17 166.29 | 18 816.94 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | A | A | AA | AAA |
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