Flittig Holding ApS — Credit Rating and Financial Key Figures

CVR number: 38189220
Kratbjerg 203, 3480 Fredensborg
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Credit rating

Company information

Official name
Flittig Holding ApS
Established
2016
Company form
Private limited company
Industry

About Flittig Holding ApS

Flittig Holding ApS (CVR number: 38189220) is a company from FREDENSBORG. The company recorded a gross profit of -21.6 kDKK in 2024. The operating profit was -21.6 kDKK, while net earnings were 308.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 11.8 %, which can be considered good but Return on Equity (ROE) was 26.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 54.1 %, 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. Flittig Holding ApS's liquidity measured by quick ratio was 0.7 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit- 152.88-12.31-19.12-31.44-21.63
EBIT- 152.88-12.31-19.12-31.44-21.63
Net earnings175.03-47.50920.592 069.87308.27
Shareholders equity total1 037.78-9.72910.871 005.741 314.01
Balance sheet total (assets)2 098.45740.512 704.773 705.452 431.01
Net debt928.37725.131 188.33508.33294.51
Profitability
EBIT-%
ROA17.0 %-3.3 %52.9 %66.7 %11.8 %
ROE17.4 %-5.3 %111.5 %216.0 %26.6 %
ROI19.3 %-3.5 %63.2 %97.0 %18.5 %
Economic value added (EVA)- 217.66- 111.65-48.59- 133.30- 128.58
Solvency
Equity ratio49.5 %-1.3 %33.7 %27.1 %54.1 %
Gearing90.5 %-7552.2 %137.0 %124.0 %27.9 %
Relative net indebtedness %
Liquidity
Quick ratio0.20.00.40.90.7
Current ratio0.20.00.40.90.7
Cash and cash equivalents10.718.7959.22739.2271.57
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:11.8%
Rating: 61/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:54.1%
Rating: 43/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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