FML Holding Ring ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About FML Holding Ring ApS
FML Holding Ring ApS (CVR number: 38845535) is a company from HORSENS. The company recorded a gross profit of -178.7 kDKK in 2023. The operating profit was -202 kDKK, while net earnings were 7554.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 56.4 %, which can be considered excellent and Return on Equity (ROE) was 64.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 86.6 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. FML Holding Ring ApS's liquidity measured by quick ratio was 4 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 | -8.97 | -10.00 | -28.69 | - 178.74 | |
EBIT | -8.97 | -10.00 | -51.70 | - 201.99 | |
Net earnings | 1 631.35 | 1 107.97 | 197.46 | 7 554.37 | |
Shareholders equity total | 3 959.57 | 3 467.54 | 7 925.16 | 15 361.73 | |
Balance sheet total (assets) | 3 978.83 | 3 500.74 | 9 576.14 | 17 729.88 | |
Net debt | -24.86 | -74.08 | 1 627.25 | -3 372.58 | |
Profitability | |||||
EBIT-% | |||||
ROA | 44.8 % | 29.8 % | 2.6 % | 56.4 % | |
ROE | 44.8 % | 29.8 % | 2.5 % | 64.9 % | |
ROI | 45.0 % | 30.0 % | 2.6 % | 61.4 % | |
Economic value added (EVA) | -6.89 | 40.93 | - 109.20 | -40.41 | - 353.51 |
Solvency | |||||
Equity ratio | 99.5 % | 99.1 % | 82.8 % | 86.6 % | |
Gearing | 20.6 % | 0.9 % | |||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 70.2 | 68.7 | 2.1 | 4.0 | |
Current ratio | 70.2 | 68.7 | 2.1 | 4.0 | |
Cash and cash equivalents | 24.86 | 74.08 | 3.73 | 3 517.03 | |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | A | A | A |
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