Fyns Flagstang Industri A/S — Credit Rating and Financial Key Figures

CVR number: 10112958
Tværvejen 3, Asperup Mark 5580 Nørre Aaby
tel: 70223354
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Company information

Official name
Fyns Flagstang Industri A/S
Personnel
13 persons
Established
2003
Domicile
Asperup Mark
Company form
Limited company
Industry

About Fyns Flagstang Industri A/S

Fyns Flagstang Industri A/S (CVR number: 10112958) is a company from MIDDELFART. The company recorded a gross profit of 3409 kDKK in 2024. The operating profit was 43.7 kDKK, while net earnings were -81.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.4 %, which can be considered weak but Return on Equity (ROE) was -7.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 26.9 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Fyns Flagstang Industri 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 profit2 407.002 536.003 468.003 685.003 408.98
EBIT116.00960.001 198.00845.0043.66
Net earnings- 151.001 185.00819.00551.00-81.64
Shareholders equity total-1 447.00- 262.00556.001 106.001 025.06
Balance sheet total (assets)3 945.003 774.003 218.003 742.003 807.77
Net debt3 353.001 768.001 871.001 970.001 878.15
Profitability
EBIT-%
ROA2.1 %20.4 %33.0 %25.3 %2.4 %
ROE-3.6 %30.7 %37.8 %66.3 %-7.7 %
ROI3.1 %37.3 %56.8 %31.9 %3.1 %
Economic value added (EVA)-24.65585.32858.26535.16- 120.85
Solvency
Equity ratio-26.8 %-6.5 %17.5 %29.6 %26.9 %
Gearing-232.4 %-678.6 %338.3 %179.6 %184.8 %
Relative net indebtedness %
Liquidity
Quick ratio0.10.20.20.40.4
Current ratio0.60.91.11.31.3
Cash and cash equivalents10.0010.0010.0016.0016.08
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBB

Variable visualization

ROA:2.44%
Rating: 32/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:26.9%
Rating: 24/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board
Board member

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