FFV SPILDEVAND A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About FFV SPILDEVAND A/S
FFV SPILDEVAND A/S (CVR number: 26514851) is a company from FAABORG-MIDTFYN. The company reported a net sales of 107.2 mDKK in 2024, demonstrating a decline of -9.3 % compared to the previous year. The operating profit percentage was at 33.2 % (EBIT: 35.6 mDKK), while net earnings were 36.1 mDKK. The profitability of the company measured by Return on Assets (ROA) was 3.4 %, which can be considered weak and Return on Equity (ROE) was 3.5 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 95.8 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. FFV SPILDEVAND A/S's liquidity measured by quick ratio was 3.1 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 financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 114.62 | 113.54 | 100.66 | 118.24 | 107.24 |
Gross profit | 97.62 | 95.16 | 78.43 | 96.01 | 84.94 |
EBIT | 575.32 | 51.72 | 31.77 | 47.52 | 35.59 |
Net earnings | 58.81 | 50.77 | 31.50 | 48.06 | 36.07 |
Shareholders equity total | 885.98 | 936.74 | 968.25 | 1 016.31 | 1 052.38 |
Balance sheet total (assets) | 937.15 | 991.78 | 1 031.18 | 1 058.30 | 1 098.79 |
Net debt | -2.68 | -14.61 | |||
Profitability | |||||
EBIT-% | 501.9 % | 45.6 % | 31.6 % | 40.2 % | 33.2 % |
ROA | 63.2 % | 5.4 % | 3.1 % | 4.6 % | 3.4 % |
ROE | 6.9 % | 5.6 % | 3.3 % | 4.8 % | 3.5 % |
ROI | 63.2 % | 5.4 % | 3.1 % | 4.7 % | 3.4 % |
Economic value added (EVA) | 533.76 | 7.20 | -15.30 | -1.13 | -16.84 |
Solvency | |||||
Equity ratio | 100.0 % | 100.0 % | 100.0 % | 96.0 % | 95.8 % |
Gearing | 2.7 % | 2.6 % | |||
Relative net indebtedness % | 10.2 % | 3.8 % | |||
Liquidity | |||||
Quick ratio | 3.1 | 3.1 | |||
Current ratio | 3.2 | 3.1 | |||
Cash and cash equivalents | 29.89 | 42.34 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | 11.4 | 25.6 | |||
Net working capital % | 31.0 % | 42.9 % | |||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | AAA | AAA |
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