FLOWBIRD DANMARK A/S — Credit Rating and Financial Key Figures

CVR number: 34712816
Tomsagervej 2, 8230 Åbyhøj
martin.frid@flowbird.group

Credit rating

Company information

Official name
FLOWBIRD DANMARK A/S
Personnel
1 person
Established
2012
Company form
Limited company
Industry
  • Expand more icon46Wholesale trade, except of motor vehicles and motorcycles

About FLOWBIRD DANMARK A/S

FLOWBIRD DANMARK A/S (CVR number: 34712816) is a company from AARHUS. The company recorded a gross profit of 53.5 kDKK in 2023. The operating profit was 53.5 kDKK, while net earnings were 50.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 14 %, which can be considered good but Return on Equity (ROE) was 15.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 92.1 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. FLOWBIRD DANMARK A/S's liquidity measured by quick ratio was 12.7 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- 116.13110.26-45.31-69.7653.49
EBIT- 519.53110.26-45.31-69.7653.49
Net earnings- 844.61105.42-54.32-81.8350.52
Shareholders equity total330.97436.39382.07300.25350.76
Balance sheet total (assets)374.67490.10448.81380.65380.76
Net debt- 258.95- 476.21- 445.21- 343.77- 380.75
Profitability
EBIT-%
ROA-35.8 %25.5 %-9.7 %-16.8 %14.0 %
ROE-78.1 %27.5 %-13.3 %-24.0 %15.5 %
ROI-47.3 %28.8 %-11.0 %-19.3 %15.6 %
Economic value added (EVA)- 304.83106.64-43.31-66.4057.53
Solvency
Equity ratio88.7 %89.5 %85.7 %79.5 %92.1 %
Gearing0.9 %12.3 %
Relative net indebtedness %
Liquidity
Quick ratio8.99.67.14.912.7
Current ratio8.69.16.74.712.7
Cash and cash equivalents258.95476.21448.80380.64380.75
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBB

Variable visualization

ROA:14.0%
Rating: 65/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:92.1%
Rating: 73/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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