FLEGGAARD HOLDING A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About FLEGGAARD HOLDING A/S
FLEGGAARD HOLDING A/S (CVR number: 77847316) is a company from AABENRAA. The company reported a net sales of 50.6 mDKK in 2023, demonstrating a decline of -4.7 % compared to the previous year. The operating profit percentage was at 16.4 % (EBIT: 8.3 mDKK), while net earnings were 242.7 mDKK. The profitability of the company measured by Return on Assets (ROA) was 8.2 %, which can be considered good and Return on Equity (ROE) was 12.8 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 48.7 %, 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. FLEGGAARD HOLDING A/S's liquidity measured by quick ratio was 1.2 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 financials2019 | 2022 | 2023 | |
|---|---|---|---|
| Volume | |||
| Net sales | 53 068.00 | 50 560.00 | |
| Gross profit | 91 478.00 | 47 123.00 | |
| EBIT | 53 962.00 | 8 316.00 | |
| Net earnings | 287 402.00 | 242 733.00 | |
| Shareholders equity total | 1 860 106.00 | 1 928 616.00 | |
| Balance sheet total (assets) | 3 808 121.00 | 3 956 756.00 | |
| Net debt | 1 921 777.00 | 1 997 808.00 | |
| Profitability | |||
| EBIT-% | 101.7 % | 16.4 % | |
| ROA | 8.2 % | 8.2 % | |
| ROE | 15.5 % | 12.8 % | |
| ROI | 8.3 % | 8.2 % | |
| Economic value added (EVA) | 18 649.68 | 44 311.79 | 27 883.22 |
| Solvency | |||
| Equity ratio | 48.8 % | 48.7 % | |
| Gearing | 103.3 % | 103.6 % | |
| Relative net indebtedness % | 3670.7 % | 4011.3 % | |
| Liquidity | |||
| Quick ratio | 1.2 | 1.2 | |
| Current ratio | 1.2 | 1.2 | |
| Cash and cash equivalents | 27.00 | 17.00 | |
| Capital use efficiency | |||
| Trade debtors turnover (days) | 0.3 | ||
| Net working capital % | 687.0 % | 966.5 % | |
| Credit risk | |||
| Credit rating | AA | AA |
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