FLOVLEV MASKINFORRETNING A/S — Credit Rating and Financial Key Figures

CVR number: 21862398
Hovedvejen 73, Flovlev 7790 Thyholm
tel: 97871588

Credit rating

Company information

Official name
FLOVLEV MASKINFORRETNING A/S
Personnel
6 persons
Established
1999
Domicile
Flovlev
Company form
Limited company
Industry
  • Expand more icon46Wholesale trade, except of motor vehicles and motorcycles

About FLOVLEV MASKINFORRETNING A/S

FLOVLEV MASKINFORRETNING A/S (CVR number: 21862398) is a company from STRUER. The company recorded a gross profit of 2329.4 kDKK in 2023. The operating profit was 164.5 kDKK, while net earnings were 8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.4 %, which can be considered weak and Return on Equity (ROE) was 0.3 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 42.8 %, 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. FLOVLEV MASKINFORRETNING A/S's liquidity measured by quick ratio was 0.4 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20192020202120222023
Volume
Net sales
Gross profit2 563.262 574.302 700.002 277.742 329.38
EBIT461.64397.86635.8699.87164.53
Net earnings256.53248.31403.47155.637.99
Shareholders equity total2 305.362 443.072 846.553 002.183 010.16
Balance sheet total (assets)6 836.776 743.806 486.636 978.727 040.38
Net debt1 593.991 279.771 445.222 442.252 073.75
Profitability
EBIT-%
ROA6.7 %5.9 %9.7 %1.5 %2.4 %
ROE11.5 %10.5 %15.3 %5.3 %0.3 %
ROI8.1 %7.2 %12.9 %2.0 %3.0 %
Economic value added (EVA)258.66196.63315.45- 124.05-78.93
Solvency
Equity ratio33.7 %36.2 %43.9 %43.0 %42.8 %
Gearing69.2 %52.6 %50.8 %81.6 %69.3 %
Relative net indebtedness %
Liquidity
Quick ratio0.30.40.30.30.4
Current ratio1.21.11.31.21.2
Cash and cash equivalents0.604.720.526.7112.49
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:2.35%
Rating: 32/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:42.8%
Rating: 35/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board

Companies in the same industry

Build time: 2024-12-21T09:42:57.434Z

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