FLÜGGER FARVER, KLAUS BLASKE NIELSEN ApS — Credit Rating and Financial Key Figures

CVR number: 29775931
Sundsnæs 6 C, 6300 Gråsten
tel: 74650242

Credit rating

Company information

Official name
FLÜGGER FARVER, KLAUS BLASKE NIELSEN ApS
Established
2006
Company form
Private limited company
Industry

About FLÜGGER FARVER, KLAUS BLASKE NIELSEN ApS

FLÜGGER FARVER, KLAUS BLASKE NIELSEN ApS (CVR number: 29775931K) is a company from SØNDERBORG. The company recorded a gross profit of 533.5 kDKK in 2017. The operating profit was -215.8 kDKK, while net earnings were -169.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was -10.4 %, which can be considered poor and Return on Equity (ROE) was -12.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 73.8 %, 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. FLÜGGER FARVER, KLAUS BLASKE NIELSEN ApS's liquidity measured by quick ratio was 1.9 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2016
2017
Volume
Net sales
Gross profit963.95533.51
EBIT231.34- 215.81
Net earnings177.94- 169.43
Shareholders equity total1 540.901 268.07
Balance sheet total (assets)2 409.441 717.57
Net debt-1 086.59- 634.48
Profitability
EBIT-%
ROA9.6 %-10.4 %
ROE11.5 %-12.1 %
ROI14.4 %-14.9 %
Economic value added (EVA)179.02- 249.88
Solvency
Equity ratio64.0 %73.8 %
Gearing4.1 %0.9 %
Relative net indebtedness %
Liquidity
Quick ratio1.71.9
Current ratio2.63.5
Cash and cash equivalents1 149.45646.52
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBB

Variable visualization

ROA:-10.4%
Rating: 10/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:73.8%
Rating: 55/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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