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

CVR number: 28705506
Multivej 16, 8000 Aarhus C

Credit rating

Company information

Official name
FINNLINES DANMARK A/S
Personnel
4 persons
Established
2005
Company form
Limited company
Industry

About FINNLINES DANMARK A/S

FINNLINES DANMARK A/S (CVR number: 28705506) is a company from AARHUS. The company recorded a gross profit of 2411.4 kDKK in 2024. The operating profit was 119.8 kDKK, while net earnings were 182.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.8 %, which can be considered decent and Return on Equity (ROE) was 4.7 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 93.2 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. FINNLINES DANMARK A/S's liquidity measured by quick ratio was 14.5 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit3 231.613 896.962 794.351 684.652 411.38
EBIT590.901 923.09582.41- 613.35119.78
Net earnings518.951 491.90447.94- 407.52182.18
Shareholders equity total2 293.573 785.474 233.413 825.894 008.07
Balance sheet total (assets)3 186.624 781.424 715.204 193.684 300.55
Net debt- 219.43- 133.85- 157.33- 195.94- 121.23
Profitability
EBIT-%
ROA20.5 %48.3 %12.7 %-10.9 %5.8 %
ROE25.5 %49.1 %11.2 %-10.1 %4.7 %
ROI29.0 %63.1 %15.0 %-12.0 %6.3 %
Economic value added (EVA)455.031 391.60262.05- 709.88-91.93
Solvency
Equity ratio72.0 %79.2 %89.8 %91.2 %93.2 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio3.54.89.90.514.5
Current ratio3.54.89.90.514.5
Cash and cash equivalents219.43133.85157.33195.94121.23
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBB

Variable visualization

ROA:5.82%
Rating: 45/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:93.2%
Rating: 74/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

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