Flittig Holding ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 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 earnings | 175.03 | -47.50 | 920.59 | 2 069.87 | 308.27 |
| Shareholders equity total | 1 037.78 | -9.72 | 910.87 | 1 005.74 | 1 314.01 |
| Balance sheet total (assets) | 2 098.45 | 740.51 | 2 704.77 | 3 705.45 | 2 431.01 |
| Net debt | 928.37 | 725.13 | 1 188.33 | 508.33 | 294.51 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 17.0 % | -3.3 % | 52.9 % | 66.7 % | 11.8 % |
| ROE | 17.4 % | -5.3 % | 111.5 % | 216.0 % | 26.6 % |
| ROI | 19.3 % | -3.5 % | 63.2 % | 97.0 % | 18.5 % |
| Economic value added (EVA) | - 217.66 | - 111.65 | -48.59 | - 133.30 | - 128.58 |
| Solvency | |||||
| Equity ratio | 49.5 % | -1.3 % | 33.7 % | 27.1 % | 54.1 % |
| Gearing | 90.5 % | -7552.2 % | 137.0 % | 124.0 % | 27.9 % |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 0.2 | 0.0 | 0.4 | 0.9 | 0.7 |
| Current ratio | 0.2 | 0.0 | 0.4 | 0.9 | 0.7 |
| Cash and cash equivalents | 10.71 | 8.79 | 59.22 | 739.22 | 71.57 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BBB | BBB | BBB | BBB | BBB |
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