FIBERLINE COMPOSITES A/S — Credit Rating and Financial Key Figures

CVR number: 13639108
Barmstedt Alle 5, 5500 Middelfart
dkmid.finance@gurit.com

Company information

Official name
FIBERLINE COMPOSITES A/S
Personnel
133 persons
Established
1989
Company form
Limited company
Industry

About FIBERLINE COMPOSITES A/S

FIBERLINE COMPOSITES A/S (CVR number: 13639108K) is a company from MIDDELFART. The company recorded a gross profit of 0 kDKK in 2020. The operating profit was 0 kDKK, while net earnings were 0 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0 %, which can be considered poor and Return on Equity (ROE) was 0 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 0 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. FIBERLINE COMPOSITES A/S's liquidity measured by quick ratio was 0 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
2016
2017
2018
2019
2020
Volume
Net sales519 145.00632 581.00
Gross profit129 806.00186 311.00153 247.00
EBIT12 376.0036 837.00-7 732.00
Net earnings-4 289.0012 770.00-37 439.00
Shareholders equity total157 816.00197 464.00175 919.00
Balance sheet total (assets)598 841.00641 367.00700 258.00
Net debt143 730.00220 291.00222 707.00
Profitability
EBIT-%7.1 %-1.2 %
ROA2.3 %6.0 %-1.1 %
ROE-6.0 %13.9 %-28.0 %
ROI3.7 %9.0 %-1.5 %
Economic value added (EVA)14 288.207 174.56-33 233.48-23 538.86
Solvency
Equity ratio30.2 %33.9 %27.9 %
Gearing111.6 %116.9 %145.0 %
Relative net indebtedness %79.7 %72.5 %
Liquidity
Quick ratio0.40.30.7
Current ratio1.01.01.0
Cash and cash equivalents32 443.0010 467.0032 458.00
Capital use efficiency
Trade debtors turnover (days)36.694.7
Net working capital %0.8 %-0.7 %
Credit risk
Credit ratingAAAAABB

Variable visualization

Roles

Chief executive officer
Board member

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