Flodin Holding ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Flodin Holding ApS
Flodin Holding ApS (CVR number: 32661688) is a company from KØBENHAVN. The company recorded a gross profit of -21.4 kDKK in 2023. The operating profit was -21.4 kDKK, while net earnings were 1149.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 19.4 %, which can be considered excellent and Return on Equity (ROE) was 20.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 85.3 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Flodin Holding ApS's liquidity measured by quick ratio was 5 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 | -30.08 | -15.40 | -29.72 | -90.96 | -21.37 |
EBIT | -30.08 | -15.40 | -30.35 | - 190.96 | -21.37 |
Net earnings | 330.80 | - 398.02 | 194.59 | 502.85 | 1 149.54 |
Shareholders equity total | 4 932.78 | 4 466.70 | 4 604.79 | 5 007.65 | 6 007.19 |
Balance sheet total (assets) | 5 178.04 | 4 653.39 | 4 860.15 | 5 335.10 | 7 040.76 |
Net debt | -3 972.15 | - 875.94 | - 592.45 | - 438.91 | -1 113.97 |
Profitability | |||||
EBIT-% | |||||
ROA | 12.2 % | -4.1 % | 6.9 % | 10.2 % | 19.4 % |
ROE | 6.6 % | -8.5 % | 4.3 % | 10.5 % | 20.9 % |
ROI | 12.7 % | -4.3 % | 7.1 % | 10.5 % | 21.2 % |
Economic value added (EVA) | -3.07 | 13.33 | - 138.30 | - 250.79 | -95.11 |
Solvency | |||||
Equity ratio | 95.3 % | 96.0 % | 94.7 % | 93.9 % | 85.3 % |
Gearing | 2.6 % | 4.3 % | 1.3 % | ||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 17.9 | 21.2 | 15.3 | 12.6 | 5.0 |
Current ratio | 17.9 | 21.2 | 15.3 | 12.6 | 5.0 |
Cash and cash equivalents | 3 972.15 | 875.94 | 711.36 | 655.05 | 1 189.94 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | A |
Variable visualization
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