RENE FLYGARE A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About RENE FLYGARE A/S
RENE FLYGARE A/S (CVR number: 13733643) is a company from RØDOVRE. The company recorded a gross profit of 4194.6 kDKK in 2024. The operating profit was -135.8 kDKK, while net earnings were -169.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was -2 %, which can be considered poor and Return on Equity (ROE) was -5.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 40.9 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. RENE FLYGARE A/S's liquidity measured by quick ratio was 1.5 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 5 853.70 | 6 098.21 | 5 271.39 | 4 845.28 | 4 194.57 |
EBIT | 1 400.19 | 1 137.36 | 767.25 | 674.64 | - 135.84 |
Net earnings | 1 082.27 | 864.68 | 558.55 | 494.17 | - 169.29 |
Shareholders equity total | 3 083.77 | 3 448.45 | 3 257.00 | 3 251.17 | 2 581.88 |
Balance sheet total (assets) | 6 339.19 | 5 938.72 | 5 391.80 | 6 152.62 | 6 315.26 |
Net debt | -2 365.21 | -1 158.71 | - 881.61 | 199.50 | 378.68 |
Profitability | |||||
EBIT-% | |||||
ROA | 27.2 % | 18.9 % | 13.9 % | 12.3 % | -2.0 % |
ROE | 42.6 % | 26.5 % | 16.7 % | 15.2 % | -5.8 % |
ROI | 45.5 % | 28.8 % | 17.8 % | 15.6 % | -2.6 % |
Economic value added (EVA) | 958.93 | 719.90 | 394.82 | 298.00 | - 341.96 |
Solvency | |||||
Equity ratio | 48.6 % | 58.1 % | 60.4 % | 52.8 % | 40.9 % |
Gearing | 7.1 % | 16.5 % | 37.1 % | 44.5 % | 88.3 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 2.0 | 2.5 | 2.8 | 2.3 | 1.5 |
Current ratio | 2.0 | 2.5 | 2.8 | 2.3 | 1.5 |
Cash and cash equivalents | 2 583.85 | 1 727.55 | 2 091.26 | 1 245.85 | 1 901.98 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | A | A | A | BBB |
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