FLEMMING RAVN HOLDING A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -52.36 | -25.11 | 1 389.45 | - 125.18 | -34.55 |
EBIT | -52.36 | -25.11 | 1 389.45 | - 125.18 | -34.55 |
Net earnings | 4 169.04 | 10 340.22 | 2 775.02 | 1 416.80 | 4 563.70 |
Shareholders equity total | 48 797.99 | 59 138.21 | 61 913.23 | 63 330.03 | 67 893.73 |
Balance sheet total (assets) | 53 464.15 | 66 203.69 | 65 764.84 | 66 623.58 | 71 696.17 |
Net debt | 3 083.94 | 6 678.28 | 3 590.70 | 3 280.49 | 2 197.41 |
Profitability | |||||
EBIT-% | |||||
ROA | 8.2 % | 16.7 % | 9.9 % | 3.3 % | 8.3 % |
ROE | 8.9 % | 19.2 % | 4.6 % | 2.3 % | 7.0 % |
ROI | 8.5 % | 17.0 % | 10.0 % | 3.3 % | 8.4 % |
Economic value added (EVA) | 981.41 | 1 487.58 | 2 963.92 | 1 500.45 | 1 627.41 |
Solvency | |||||
Equity ratio | 91.3 % | 89.3 % | 94.1 % | 95.1 % | 94.7 % |
Gearing | 6.3 % | 11.3 % | 5.8 % | 5.2 % | 3.2 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.5 | 1.3 | 2.8 | 3.2 | 4.0 |
Current ratio | 1.5 | 1.3 | 2.8 | 3.2 | 4.0 |
Cash and cash equivalents | |||||
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | A | A | A | A |
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