Flemming60 IVS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Flemming60 IVS
Flemming60 IVS (CVR number: 37065951) is a company from HADERSLEV. The company recorded a gross profit of -17.2 kDKK in 2019. The operating profit was -21.5 kDKK, while net earnings were -17.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -3.8 %, which can be considered poor and Return on Equity (ROE) was -10.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -42.8 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Flemming60 IVS's liquidity measured by quick ratio was 0.6 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 financials2016 | 2017 | 2018 | 2019 | |
---|---|---|---|---|
Volume | ||||
Net sales | ||||
Gross profit | 29.14 | -41.29 | -19.32 | -17.23 |
EBIT | 29.14 | -41.29 | -19.32 | -21.53 |
Net earnings | -11.04 | -49.61 | -29.04 | -17.48 |
Shareholders equity total | -11.03 | -60.64 | -89.69 | - 111.59 |
Balance sheet total (assets) | 368.99 | 298.92 | 194.95 | 149.07 |
Net debt | 361.63 | 315.68 | 248.60 | 251.13 |
Profitability | ||||
EBIT-% | ||||
ROA | 7.7 % | -11.2 % | -6.0 % | -3.8 % |
ROE | -3.0 % | -14.9 % | -11.8 % | -10.2 % |
ROI | 8.1 % | -12.2 % | -6.8 % | -4.1 % |
Economic value added (EVA) | 31.95 | -31.65 | -12.03 | -12.30 |
Solvency | ||||
Equity ratio | -2.9 % | -16.9 % | -31.5 % | -42.8 % |
Gearing | -3277.5 % | -520.6 % | -277.2 % | -225.1 % |
Relative net indebtedness % | ||||
Liquidity | ||||
Quick ratio | 1.0 | 0.8 | 0.7 | 0.6 |
Current ratio | 1.0 | 0.8 | 0.7 | 0.6 |
Cash and cash equivalents | ||||
Capital use efficiency | ||||
Trade debtors turnover (days) | ||||
Net working capital % | ||||
Credit risk | ||||
Credit rating | BB | BB | BB | BB |
Variable visualization
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