FLSMIDTH A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About FLSMIDTH A/S
FLSMIDTH A/S (CVR number: 15028882) is a company from KØBENHAVN. The company reported a net sales of 1205 mDKK in 2024, demonstrating a growth of 36.8 % compared to the previous year. The operating profit percentage was at 54.5 % (EBIT: 657 mDKK), while net earnings were 535 mDKK. The profitability of the company measured by Return on Assets (ROA) was 7.9 %, which can be considered decent but Return on Equity (ROE) was 9.2 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 44 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. FLSMIDTH A/S's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 2 119.00 | 2 202.00 | 2 306.00 | 881.00 | 1 205.00 |
Gross profit | -42.00 | -70.00 | -52.00 | - 283.00 | -38.00 |
EBIT | -50.00 | - 201.00 | - 135.00 | 381.00 | 657.00 |
Net earnings | - 154.00 | - 105.00 | - 547.00 | 258.00 | 535.00 |
Shareholders equity total | 4 645.00 | 4 924.00 | 4 369.00 | 5 539.00 | 6 118.00 |
Balance sheet total (assets) | 10 827.00 | 12 776.00 | 12 117.00 | 11 828.00 | 13 686.00 |
Net debt | 5 848.00 | 4 683.00 | 6 161.00 | ||
Profitability | |||||
EBIT-% | -2.4 % | -9.1 % | -5.9 % | 43.2 % | 54.5 % |
ROA | -0.4 % | -1.7 % | 2.6 % | 5.8 % | 7.9 % |
ROE | -3.3 % | -2.2 % | -11.8 % | 5.2 % | 9.2 % |
ROI | -0.4 % | -1.7 % | 2.8 % | 6.7 % | 8.9 % |
Economic value added (EVA) | - 291.10 | - 434.41 | - 383.34 | - 261.59 | - 101.05 |
Solvency | |||||
Equity ratio | 100.0 % | 100.0 % | 36.8 % | 45.8 % | 44.0 % |
Gearing | 134.1 % | 84.5 % | 100.8 % | ||
Relative net indebtedness % | 319.9 % | 696.8 % | 626.9 % | ||
Liquidity | |||||
Quick ratio | 0.4 | 0.4 | 0.6 | ||
Current ratio | 0.4 | 0.4 | 0.6 | ||
Cash and cash equivalents | 9.00 | 3.00 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | 94.5 | 75.8 | 64.8 | ||
Net working capital % | -192.5 % | -415.7 % | -228.9 % | ||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | A | A |
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