FLOW ELNET A/S — Credit Rating and Financial Key Figures

CVR number: 25119150
Fåborgvej 44, 5700 Svendborg

Credit rating

Company information

Official name
FLOW ELNET A/S
Personnel
34 persons
Established
1999
Company form
Limited company
Industry
  • Expand more icon35Electricity, gas, steam and air conditioning supply

About FLOW ELNET A/S

FLOW ELNET A/S (CVR number: 25119150) is a company from SVENDBORG. The company reported a net sales of 71.4 mDKK in 2024, demonstrating a decline of -3.4 % compared to the previous year. The operating profit percentage was at 17.4 % (EBIT: 12.4 mDKK), while net earnings were 1135.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.8 %, which can be considered weak and Return on Equity (ROE) was 1.3 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 21.5 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. FLOW ELNET A/S's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.

Financial information

See financials

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales42.8354.7971.7573.9471.40
Gross profit5.3616.2916.7331.8926.67
EBIT-4.926.672.9921.0112.43
Net earnings-10.50-0.45-3.294.461.14
Shareholders equity total24.2930.7289.8786.6886.18
Balance sheet total (assets)391.69376.94413.24416.05400.58
Net debt189.01204.18199.03170.81197.06
Profitability
EBIT-%-11.5 %12.2 %4.2 %28.4 %17.4 %
ROA-1.2 %1.8 %0.8 %5.3 %3.8 %
ROE-35.6 %-1.6 %-5.4 %5.1 %1.3 %
ROI-1.3 %2.2 %1.0 %7.1 %5.3 %
Economic value added (EVA)-15.70-6.78-9.462.51-2.40
Solvency
Equity ratio6.2 %8.2 %21.7 %20.8 %21.5 %
Gearing1028.3 %765.9 %244.8 %255.3 %229.7 %
Relative net indebtedness %708.4 %567.6 %419.9 %377.2 %439.2 %
Liquidity
Quick ratio1.31.11.21.10.6
Current ratio1.31.11.21.20.8
Cash and cash equivalents60.8031.1321.0250.510.86
Capital use efficiency
Trade debtors turnover (days)1.80.65.94.823.4
Net working capital %44.4 %8.1 %23.6 %14.4 %-15.0 %
Credit risk
Credit ratingBBBAAAAAAA

Variable visualization

ROA:3.84%
Rating: 39/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:21.5%
Rating: 20/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member
Board member
Board member
Chief executive officer

Companies in the same industry

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