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

CVR number: 13639108
Barmstedt Alle 5, 5500 Middelfart
hr.dk@gurit.com

Credit rating

Company information

Official name
FIBERLINE COMPOSITES A/S
Personnel
173 persons
Established
1989
Company form
Limited company
Industry
  • Expand more icon23Manufacture of other non-metallic mineral products

About FIBERLINE COMPOSITES A/S

FIBERLINE COMPOSITES A/S (CVR number: 13639108) is a company from MIDDELFART. The company reported a net sales of 552.5 mDKK in 2023, demonstrating a decline of -47.9 % compared to the previous year. The operating profit percentage was poor at -16.9 % (EBIT: -93.6 mDKK), while net earnings were -114.3 mDKK. The profitability of the company measured by Return on Assets (ROA) was -12.9 %, which can be considered poor and Return on Equity (ROE) was -37.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -3.1 %. 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 2.7 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 financials

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
20192020202120222023
Volume
Net sales451.31590.58729.641 060.05552.53
Gross profit133.23138.65121.87138.6140.20
EBIT-38.47-64.23-46.86-52.44-93.58
Net earnings-43.99-36.88-27.06-97.68- 114.29
Shareholders equity total100.27122.2073.98-4.64-8.93
Balance sheet total (assets)496.40356.64424.78677.28475.86
Net debt307.02351.19
Profitability
EBIT-%-8.5 %-10.9 %-6.4 %-4.9 %-16.9 %
ROA-7.5 %-15.1 %-12.0 %-14.1 %-12.9 %
ROE-34.9 %-33.2 %-27.6 %-48.4 %-37.5 %
ROI-8.0 %-15.1 %-12.0 %-13.8 %-11.9 %
Economic value added (EVA)-49.41-69.27-53.00-58.07-89.79
Solvency
Equity ratio100.0 %100.0 %100.0 %-1.4 %-3.1 %
Gearing-7246.7 %-3933.3 %
Relative net indebtedness %28.7 %51.2 %
Liquidity
Quick ratio4.12.7
Current ratio8.56.2
Cash and cash equivalents29.010.14
Capital use efficiency
Trade debtors turnover (days)44.517.8
Net working capital %36.8 %30.5 %
Credit risk
Credit ratingBBBBBBBBB

Variable visualization

ROA:-12.9%
Rating: 7/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-3.10%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chief executive officer

Companies in the same industry

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