FLAGSTAD HOLDING ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About FLAGSTAD HOLDING ApS
FLAGSTAD HOLDING ApS (CVR number: 33575572) is a company from FREDERIKSBERG. The company recorded a gross profit of -4.5 kDKK in 2024. The operating profit was -4.5 kDKK, while net earnings were -2.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -0.4 %, which can be considered poor and Return on Equity (ROE) was -0.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 68 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. FLAGSTAD HOLDING ApS's liquidity measured by quick ratio was 1.8 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 financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 6.00 | -55.14 | -13.09 | -3.46 | -4.46 |
EBIT | 6.00 | -55.14 | -13.09 | -3.46 | -4.46 |
Net earnings | - 231.47 | -61.21 | -16.71 | -2.56 | -2.59 |
Shareholders equity total | 668.29 | 607.08 | 533.17 | 530.61 | 528.02 |
Balance sheet total (assets) | 1 232.64 | 630.22 | 553.51 | 550.95 | 776.85 |
Net debt | -1 133.36 | - 557.08 | - 483.17 | - 480.61 | - 195.76 |
Profitability | |||||
EBIT-% | |||||
ROA | 0.4 % | -5.9 % | -2.2 % | -0.5 % | -0.4 % |
ROE | -16.7 % | -9.6 % | -2.9 % | -0.5 % | -0.5 % |
ROI | 0.4 % | -7.9 % | -2.2 % | -0.5 % | -0.4 % |
Economic value added (EVA) | - 101.30 | -93.71 | -44.76 | -31.27 | -32.15 |
Solvency | |||||
Equity ratio | 54.2 % | 96.3 % | 96.3 % | 96.3 % | 68.0 % |
Gearing | 14.9 % | 3.8 % | 3.8 % | 3.8 % | 47.1 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 2.2 | 25.1 | 24.8 | 24.6 | 1.8 |
Current ratio | 2.2 | 25.1 | 24.8 | 24.6 | 1.8 |
Cash and cash equivalents | 1 232.64 | 580.22 | 503.51 | 500.95 | 444.59 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | BB | BBB | BBB |
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