FLINTRUP HOLDING A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About FLINTRUP HOLDING A/S
FLINTRUP HOLDING A/S (CVR number: 21595942) is a company from HELSINGØR. The company recorded a gross profit of 75.3 kDKK in 2023. The operating profit was -715.8 kDKK, while net earnings were 1012.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.6 %, which can be considered weak and Return on Equity (ROE) was 1.6 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 91.1 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. FLINTRUP HOLDING A/S's liquidity measured by quick ratio was 6.7 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 946.01 | 589.36 | 426.88 | 119.26 | 75.27 |
EBIT | 134.62 | - 398.67 | - 342.31 | - 672.12 | - 715.79 |
Net earnings | 1 802.17 | 1 551.07 | 10 029.28 | 3 286.82 | 1 012.78 |
Shareholders equity total | 48 701.89 | 50 252.96 | 60 209.24 | 63 496.06 | 64 008.84 |
Balance sheet total (assets) | 59 556.24 | 58 938.28 | 67 530.52 | 70 289.03 | 70 288.80 |
Net debt | 9 011.89 | 6 650.07 | 5 580.66 | 6 222.16 | 5 523.23 |
Profitability | |||||
EBIT-% | |||||
ROA | 4.0 % | 3.5 % | 16.8 % | 5.9 % | 2.6 % |
ROE | 3.8 % | 3.1 % | 18.2 % | 5.3 % | 1.6 % |
ROI | 4.0 % | 3.5 % | 16.8 % | 5.9 % | 2.6 % |
Economic value added (EVA) | - 466.20 | - 944.39 | - 678.87 | - 509.46 | - 335.22 |
Solvency | |||||
Equity ratio | 81.8 % | 85.3 % | 89.2 % | 90.3 % | 91.1 % |
Gearing | 21.1 % | 16.3 % | 12.0 % | 10.3 % | 9.6 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 5.9 | 11.6 | 9.2 | 4.7 | 6.7 |
Current ratio | 5.9 | 11.6 | 9.2 | 4.7 | 6.7 |
Cash and cash equivalents | 1 284.26 | 1 549.46 | 1 643.97 | 318.38 | 594.60 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | AA | AA | AA | AA | AA |
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