FLSMIDTH FINANS A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About FLSMIDTH FINANS A/S
FLSMIDTH FINANS A/S (CVR number: 31610761) is a company from KØBENHAVN. The company recorded a gross profit of -73 kDKK in 2023. The operating profit was -73 kDKK, while net earnings were 9984 kDKK. The profitability of the company measured by Return on Assets (ROA) was 22.6 %, which can be considered excellent but Return on Equity (ROE) was 1.6 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 70.6 %, 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. FLSMIDTH FINANS A/S's liquidity measured by quick ratio was 3.4 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 | -30.00 | -73.00 | |||
EBIT | -30.00 | -73.00 | |||
Net earnings | 3.00 | 9.00 | 10.00 | 4 381.00 | 9 984.00 |
Shareholders equity total | 594.00 | 603.00 | 613.00 | 617 127.00 | 627 111.00 |
Balance sheet total (assets) | 1 132.00 | 603.00 | 617.00 | 1 029 073.00 | 887 715.00 |
Net debt | |||||
Profitability | |||||
EBIT-% | |||||
ROA | 35.0 % | 22.6 % | |||
ROE | 0.0 % | 1.5 % | 1.6 % | 1.4 % | 1.6 % |
ROI | 58.4 % | 34.8 % | |||
Economic value added (EVA) | -29 666.90 | -29.85 | -30.30 | -53.98 | -31 063.34 |
Solvency | |||||
Equity ratio | 100.0 % | 100.0 % | 100.0 % | 60.0 % | 70.6 % |
Gearing | |||||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 2.5 | 3.4 | |||
Current ratio | 2.5 | 3.4 | |||
Cash and cash equivalents | |||||
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BBB |
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