FF SKAGEN A/S — Credit Rating and Financial Key Figures

CVR number: 53686214
Havnevagtvej 5, 9990 Skagen
tel: 98441382

Company information

Official name
FF SKAGEN A/S
Personnel
129 persons
Established
1999
Company form
Limited company
Industry

About FF SKAGEN A/S

FF SKAGEN A/S (CVR number: 53686214K) is a company from FREDERIKSHAVN. The company reported a net sales of 3714.9 mDKK in 2024, demonstrating a growth of 14.7 % compared to the previous year. The operating profit percentage was at 4.3 % (EBIT: 158.6 mDKK), while net earnings were 102.2 mDKK. The profitability of the company measured by Return on Assets (ROA) was 9.9 %, which can be considered good and Return on Equity (ROE) was 13.1 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 47.8 %, 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. FF SKAGEN A/S's liquidity measured by quick ratio was 1 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

Financial information

See financials

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales2 740.422 469.172 699.323 237.343 714.85
Gross profit366.70333.92459.09605.84488.92
EBIT16.048.13141.33294.58158.58
Net earnings-28.0610.86130.95217.57102.17
Shareholders equity total390.85402.86559.72752.23810.44
Balance sheet total (assets)1 952.651 645.881 552.442 150.671 697.57
Net debt676.21397.96
Profitability
EBIT-%0.6 %0.3 %5.2 %9.1 %4.3 %
ROA0.7 %0.5 %8.8 %18.4 %9.9 %
ROE-6.0 %2.7 %27.2 %33.2 %13.1 %
ROI0.7 %0.5 %8.8 %22.4 %13.9 %
Economic value added (EVA)-11.10-11.51121.09195.9257.63
Solvency
Equity ratio100.0 %100.0 %100.0 %35.0 %47.8 %
Gearing92.7 %55.3 %
Relative net indebtedness %41.8 %22.4 %
Liquidity
Quick ratio0.51.0
Current ratio1.82.6
Cash and cash equivalents20.7550.01
Capital use efficiency
Trade debtors turnover (days)43.234.0
Net working capital %21.1 %19.6 %
Credit risk
Credit ratingBBBBBBBBBAAAAA

Variable visualization

ROA:9.91%
Rating: 57/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:47.8%
Rating: 38/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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