FLSmidth Cement A/S — Credit Rating and Financial Key Figures

FLSmidth Cement A/S (CVR number: 19094308) is a company from KØBENHAVN. The company reported a net sales of 125.3 mDKK in 2023, demonstrating a decline of -21.1 % compared to the previous year. The operating profit percentage was poor at -50.4 % (EBIT: -63.2 mDKK), while net earnings were -78.9 mDKK. The profitability of the company measured by Return on Assets (ROA) was -25.9 %, which can be considered poor and Return on Equity (ROE) was -82.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 39.3 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. FLSmidth Cement A/S's liquidity measured by quick ratio was 1.4 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.