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FLADDER DANMARK A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About FLADDER DANMARK A/S
FLADDER DANMARK A/S (CVR number: 87417115) is a company from VARDE. The company recorded a gross profit of 5407.2 kDKK in 2024. The operating profit was -241.3 kDKK, while net earnings were 247.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.1 %, which can be considered weak and Return on Equity (ROE) was 0.8 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 96.3 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. FLADDER DANMARK A/S's liquidity measured by quick ratio was 13.9 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 financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | 5 211.37 | 6 237.27 | 5 178.77 | 3 675.35 | 5 407.21 |
| EBIT | - 468.61 | 526.54 | -1 136.96 | -2 483.72 | - 241.28 |
| Net earnings | - 248.12 | 338.79 | - 538.63 | -1 612.67 | 247.62 |
| Shareholders equity total | 34 456.13 | 34 794.92 | 34 256.29 | 32 643.63 | 32 891.24 |
| Balance sheet total (assets) | 37 387.99 | 37 127.98 | 36 492.91 | 34 183.60 | 34 186.96 |
| Net debt | -9 878.81 | -6 492.64 | -5 906.56 | -3 793.68 | -2 758.77 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | -0.3 % | 2.3 % | -1.8 % | -5.6 % | 1.1 % |
| ROE | -0.7 % | 1.0 % | -1.6 % | -4.8 % | 0.8 % |
| ROI | -0.4 % | 2.5 % | -1.9 % | -5.9 % | 1.1 % |
| Economic value added (EVA) | -2 110.54 | -1 326.71 | -2 639.05 | -3 664.18 | -1 827.27 |
| Solvency | |||||
| Equity ratio | 92.2 % | 93.7 % | 94.0 % | 95.7 % | 96.3 % |
| Gearing | |||||
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 7.7 | 8.7 | 8.9 | 11.7 | 13.9 |
| Current ratio | 12.6 | 15.6 | 15.8 | 21.5 | 26.0 |
| Cash and cash equivalents | 9 878.81 | 6 492.64 | 5 906.56 | 3 793.68 | 2 758.77 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | A | A | A | A | A |
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