FLEMMING ALBERTSEN A/S — Credit Rating and Financial Key Figures

CVR number: 70516810
Olesvej 23, 2950 Vedbæk
tel: 45660075

Credit rating

Company information

Official name
FLEMMING ALBERTSEN A/S
Established
1982
Company form
Limited company
Industry

About FLEMMING ALBERTSEN A/S

FLEMMING ALBERTSEN A/S (CVR number: 70516810) is a company from RUDERSDAL. The company recorded a gross profit of -23.6 kDKK in 2020. The operating profit was -42.8 kDKK, while net earnings were 56.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7.3 %, which can be considered decent and Return on Equity (ROE) was 5 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 98.7 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. FLEMMING ALBERTSEN A/S's liquidity measured by quick ratio was 76.6 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
2018
2019
2020
Volume
Net sales
Gross profit-35.16-35.55-25.16-15.14-23.58
EBIT-58.81-54.80-44.42-34.39-42.83
Net earnings-21.34-27.08-69.4866.5256.43
Shareholders equity total1 324.751 245.961 123.581 136.101 137.23
Balance sheet total (assets)1 339.711 260.931 138.551 151.491 152.03
Net debt-1 237.68-1 179.37-1 071.11-1 110.49-1 121.34
Profitability
EBIT-%
ROA-0.5 %-2.0 %0.4 %5.8 %7.3 %
ROE-1.6 %-2.1 %-5.9 %5.9 %5.0 %
ROI-0.5 %-2.1 %0.5 %5.9 %7.3 %
Economic value added (EVA)-58.81-59.17-47.76-37.03-35.37
Solvency
Equity ratio98.9 %98.8 %98.7 %98.7 %98.7 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio83.179.172.272.376.6
Current ratio83.179.172.272.376.6
Cash and cash equivalents1 237.681 179.371 071.111 110.491 121.34
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:7.25%
Rating: 49/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:98.7%
Rating: 80/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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