NEW-LINE FAABORG A/S — Credit Rating and Financial Key Figures

CVR number: 26445035
Værftsvej 5, 5600 Faaborg

Credit rating

Company information

Official name
NEW-LINE FAABORG A/S
Personnel
2 persons
Established
2002
Company form
Limited company
Industry
  • Expand more icon33Repair and installation of machinery and equipment

About NEW-LINE FAABORG A/S

NEW-LINE FAABORG A/S (CVR number: 26445035) is a company from FAABORG-MIDTFYN. The company recorded a gross profit of 636.1 kDKK in 2023. The operating profit was 402.4 kDKK, while net earnings were 299.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 15.3 %, which can be considered excellent and Return on Equity (ROE) was 46.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 28.7 %, 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. NEW-LINE FAABORG A/S's liquidity measured by quick ratio was 3.3 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

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit614.73545.68976.80857.88636.07
EBIT126.18215.80665.01606.00402.41
Net earnings95.80163.46518.30615.56299.50
Shareholders equity total-9 876.36-9 712.90805.40496.37795.86
Balance sheet total (assets)2 560.672 437.293 988.422 746.152 771.84
Net debt11 322.4110 874.34- 491.94516.19124.02
Profitability
EBIT-%
ROA1.0 %1.8 %8.2 %18.2 %15.3 %
ROE4.0 %6.5 %32.0 %94.6 %46.4 %
ROI1.1 %1.8 %9.5 %29.1 %20.3 %
Economic value added (EVA)611.93686.651 057.80732.66337.08
Solvency
Equity ratio71.2 %81.5 %20.2 %18.1 %28.7 %
Gearing-119.2 %-120.7 %183.3 %283.4 %182.0 %
Relative net indebtedness %
Liquidity
Quick ratio2.55.11.51.93.3
Current ratio3.55.11.62.44.0
Cash and cash equivalents448.86851.501 967.94890.451 324.64
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:15.3%
Rating: 67/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:28.7%
Rating: 25/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member
Board member

Companies in the same industry

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