Florin-Holding ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Florin-Holding ApS
Florin-Holding ApS (CVR number: 38746030) is a company from HELSINGØR. The company recorded a gross profit of -23.2 kDKK in 2023. The operating profit was -23.2 kDKK, while net earnings were 2056.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 21.6 %, which can be considered excellent and Return on Equity (ROE) was 19.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 96.3 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Florin-Holding ApS's liquidity measured by quick ratio was 22.4 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 | -15.71 | -13.64 | -24.29 | -22.44 | -23.17 |
EBIT | -15.71 | -13.64 | -24.29 | -22.44 | -23.17 |
Net earnings | 1 009.93 | 919.96 | 3 330.88 | 479.15 | 2 056.09 |
Shareholders equity total | 5 260.37 | 6 069.73 | 9 287.60 | 9 652.35 | 11 590.65 |
Balance sheet total (assets) | 5 818.71 | 6 529.44 | 10 488.69 | 9 921.52 | 12 041.25 |
Net debt | -3 890.59 | -4 931.76 | -6 629.44 | -7 984.13 | -8 374.57 |
Profitability | |||||
EBIT-% | |||||
ROA | 20.8 % | 18.6 % | 43.1 % | 13.7 % | 21.6 % |
ROE | 21.0 % | 16.2 % | 43.4 % | 5.1 % | 19.4 % |
ROI | 21.0 % | 18.9 % | 43.8 % | 14.0 % | 22.3 % |
Economic value added (EVA) | 42.97 | 47.26 | 40.12 | 185.26 | 26.40 |
Solvency | |||||
Equity ratio | 90.4 % | 93.0 % | 88.5 % | 97.3 % | 96.3 % |
Gearing | 8.6 % | 6.1 % | 10.8 % | ||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 8.5 | 12.0 | 6.4 | 31.9 | 22.4 |
Current ratio | 8.5 | 12.0 | 6.4 | 31.9 | 22.4 |
Cash and cash equivalents | 4 344.04 | 5 303.95 | 7 635.72 | 7 984.13 | 8 374.57 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | AA | AA | AA | AA | AA |
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