FALCON LIFTS A/S

CVR number: 33873379
Tolderlundsvej 106, 5000 Odense C
falcon@falconlifts.com
tel: 66131100

Credit rating

Company information

Official name
FALCON LIFTS A/S
Personnel
23 persons
Established
2011
Company form
Limited company
Industry
  • Expand more icon282200Manufacture of lifting and handling equipment

About FALCON LIFTS A/S

FALCON LIFTS A/S (CVR number: 33873379) is a company from ODENSE. The company recorded a gross profit of 7927 kDKK in 2023. The operating profit was -8835.8 kDKK, while net earnings were -11 mDKK. The profitability of the company measured by Return on Assets (ROA) was -24.3 %, which can be considered poor and Return on Equity (ROE) was -75.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -17.1 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. FALCON LIFTS A/S's liquidity measured by quick ratio was 0.3 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
20192020202120222023
Volume
Net sales
Gross profit18 798.7512 793.5814 071.2316 794.747 927.03
EBIT- 118.61-3 481.63-1 760.46264.15-8 835.83
Net earnings- 825.18-3 127.08-1 925.8588.99-11 015.49
Shareholders equity total5 921.164 190.992 265.152 354.14-8 661.35
Balance sheet total (assets)35 467.0133 006.3545 901.2336 493.1426 725.10
Net debt18 693.7421 532.5629 907.4025 327.1526 232.91
Profitability
EBIT-%
ROA0.5 %-9.5 %-4.1 %2.5 %-24.3 %
ROE-9.9 %-61.8 %-59.7 %3.9 %-75.8 %
ROI0.6 %-12.5 %-5.2 %3.2 %-31.8 %
Economic value added (EVA)- 858.46-3 162.47-1 640.7853.48-9 563.36
Solvency
Equity ratio16.7 %23.0 %12.3 %15.7 %-17.1 %
Gearing316.0 %514.1 %1320.9 %1076.4 %-303.0 %
Relative net indebtedness %
Liquidity
Quick ratio0.70.70.70.50.3
Current ratio1.51.51.21.20.8
Cash and cash equivalents14.9512.5211.8312.2413.48
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBB

Variable visualization

ROA:-24.3%
Rating: 0/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-17.1%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board

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