AMCOR FLEXIBLES DENMARK ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About AMCOR FLEXIBLES DENMARK ApS
AMCOR FLEXIBLES DENMARK ApS (CVR number: 21409839) is a company from HORSENS. The company reported a net sales of 653.7 mDKK in 2023, demonstrating a decline of -12.4 % compared to the previous year. The operating profit percentage was at 4.9 % (EBIT: 32.3 mDKK), while net earnings were 31.7 mDKK. The profitability of the company measured by Return on Assets (ROA) was 8.4 %, which can be considered good and Return on Equity (ROE) was 12.4 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 61.7 %, 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. AMCOR FLEXIBLES DENMARK ApS's liquidity measured by quick ratio was 1.2 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 601.90 | 561.19 | 680.61 | 746.44 | 653.70 |
Gross profit | 87.79 | 88.55 | 108.07 | 132.84 | 102.24 |
EBIT | 87.79 | 88.55 | 108.07 | 69.74 | 32.34 |
Net earnings | 22.37 | 23.38 | 38.10 | 54.47 | 31.66 |
Shareholders equity total | 208.15 | 209.34 | 227.50 | 256.96 | 253.63 |
Balance sheet total (assets) | 416.15 | 411.24 | |||
Net debt | 2.19 | 31.57 | |||
Profitability | |||||
EBIT-% | 14.6 % | 15.8 % | 15.9 % | 9.3 % | 4.9 % |
ROA | 17.0 % | 8.4 % | |||
ROE | 5.7 % | 5.6 % | 8.7 % | 11.2 % | 12.4 % |
ROI | 24.0 % | 11.8 % | |||
Economic value added (EVA) | 78.45 | 78.09 | 97.55 | 43.01 | 19.25 |
Solvency | |||||
Equity ratio | 100.0 % | 100.0 % | 100.0 % | 61.7 % | 61.7 % |
Gearing | 14.3 % | 16.6 % | |||
Relative net indebtedness % | 16.7 % | 22.5 % | |||
Liquidity | |||||
Quick ratio | 1.3 | 1.2 | |||
Current ratio | 2.0 | 2.1 | |||
Cash and cash equivalents | 34.68 | 10.47 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | 50.5 | 56.6 | |||
Net working capital % | 19.6 % | 22.4 % | |||
Credit risk | |||||
Credit rating | B | B | B | AAA | AAA |
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