Florin-Holding ApS — Credit Rating and Financial Key Figures

CVR number: 38746030
Ørnholmvej 7 A, 3070 Snekkersten
henrik@florinengineering.dk
tel: 31150642

Company information

Official name
Florin-Holding ApS
Established
2017
Company form
Private limited company
Industry

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
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 earnings1 009.93919.963 330.88479.152 056.09
Shareholders equity total5 260.376 069.739 287.609 652.3511 590.65
Balance sheet total (assets)5 818.716 529.4410 488.699 921.5212 041.25
Net debt-3 890.59-4 931.76-6 629.44-7 984.13-8 374.57
Profitability
EBIT-%
ROA20.8 %18.6 %43.1 %13.7 %21.6 %
ROE21.0 %16.2 %43.4 %5.1 %19.4 %
ROI21.0 %18.9 %43.8 %14.0 %22.3 %
Economic value added (EVA)42.9747.2640.12185.2626.40
Solvency
Equity ratio90.4 %93.0 %88.5 %97.3 %96.3 %
Gearing8.6 %6.1 %10.8 %
Relative net indebtedness %
Liquidity
Quick ratio8.512.06.431.922.4
Current ratio8.512.06.431.922.4
Cash and cash equivalents4 344.045 303.957 635.727 984.138 374.57
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAAAAA

Variable visualization

ROA:21.6%
Rating: 76/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:96.3%
Rating: 77/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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