FLEMMING RAVN HOLDING A/S — Credit Rating and Financial Key Figures

CVR number: 25113225
Holger Brodthagensvej 10, 4800 Nykøbing F

Company information

Official name
FLEMMING RAVN HOLDING A/S
Established
2000
Company form
Limited company
Industry

About FLEMMING RAVN HOLDING A/S

FLEMMING RAVN HOLDING A/S (CVR number: 25113225) is a company from GULDBORGSUND. The company recorded a gross profit of -34.6 kDKK in 2023. The operating profit was -34.6 kDKK, while net earnings were 4563.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 8.3 %, which can be considered good but Return on Equity (ROE) was 7 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 94.7 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. FLEMMING RAVN HOLDING A/S's liquidity measured by quick ratio was 4 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 profit-52.36-25.111 389.45- 125.18-34.55
EBIT-52.36-25.111 389.45- 125.18-34.55
Net earnings4 169.0410 340.222 775.021 416.804 563.70
Shareholders equity total48 797.9959 138.2161 913.2363 330.0367 893.73
Balance sheet total (assets)53 464.1566 203.6965 764.8466 623.5871 696.17
Net debt3 083.946 678.283 590.703 280.492 197.41
Profitability
EBIT-%
ROA8.2 %16.7 %9.9 %3.3 %8.3 %
ROE8.9 %19.2 %4.6 %2.3 %7.0 %
ROI8.5 %17.0 %10.0 %3.3 %8.4 %
Economic value added (EVA)981.411 487.582 963.921 500.451 627.41
Solvency
Equity ratio91.3 %89.3 %94.1 %95.1 %94.7 %
Gearing6.3 %11.3 %5.8 %5.2 %3.2 %
Relative net indebtedness %
Liquidity
Quick ratio1.51.32.83.24.0
Current ratio1.51.32.83.24.0
Cash and cash equivalents
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:8.25%
Rating: 52/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:94.7%
Rating: 75/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board

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