Fly & Co ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Fly & Co ApS
Fly & Co ApS (CVR number: 40860541) is a company from GLADSAXE. The company recorded a gross profit of 119.5 kDKK in 2024. The operating profit was -17.5 kDKK, while net earnings were -18.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was -7.8 %, which can be considered poor and Return on Equity (ROE) was -16.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 50.6 %, 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. Fly & Co ApS's liquidity measured by quick ratio was 2 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 financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 40.50 | 165.66 | 366.03 | 304.29 | 119.51 |
EBIT | 40.50 | 5.66 | 54.15 | 136.74 | -17.47 |
Net earnings | 29.54 | 2.70 | 26.69 | 111.50 | -18.31 |
Shareholders equity total | 69.54 | 72.23 | 98.92 | 151.52 | 72.22 |
Balance sheet total (assets) | 83.20 | 108.58 | 234.06 | 259.19 | 142.85 |
Net debt | -83.20 | -58.58 | - 213.66 | - 169.25 | -31.52 |
Profitability | |||||
EBIT-% | |||||
ROA | 48.7 % | 5.9 % | 27.9 % | 55.9 % | -7.8 % |
ROE | 42.5 % | 3.8 % | 31.2 % | 89.0 % | -16.4 % |
ROI | 58.2 % | 8.0 % | 55.9 % | 109.5 % | -13.6 % |
Economic value added (EVA) | 31.35 | 6.34 | 30.94 | 118.76 | -16.49 |
Solvency | |||||
Equity ratio | 83.6 % | 66.5 % | 42.3 % | 58.5 % | 50.6 % |
Gearing | 1.1 % | 7.2 % | |||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 6.1 | 3.0 | 1.7 | 2.4 | 2.0 |
Current ratio | 6.1 | 3.0 | 1.7 | 2.4 | 2.0 |
Cash and cash equivalents | 83.20 | 58.58 | 213.66 | 170.87 | 36.74 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | BB | BB | BB |
Variable visualization
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