FLEXTEK STÅLREOLER A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About FLEXTEK STÅLREOLER A/S
FLEXTEK STÅLREOLER A/S (CVR number: 12509383) is a company from VEJLE. The company recorded a gross profit of 1494.1 kDKK in 2024. The operating profit was -1026 kDKK, while net earnings were -867.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -29.1 %, which can be considered poor and Return on Equity (ROE) was -54.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 38.5 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. FLEXTEK STÅLREOLER A/S'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 financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 2 720.31 | 3 279.10 | 5 944.07 | 2 860.61 | 1 494.09 |
EBIT | - 470.72 | 683.18 | 3 326.29 | 308.55 | -1 026.04 |
Net earnings | - 418.41 | 480.28 | 2 533.48 | 217.78 | - 867.47 |
Shareholders equity total | 644.20 | 1 124.49 | 3 657.97 | 2 175.75 | 1 008.28 |
Balance sheet total (assets) | 5 117.35 | 4 863.03 | 7 658.56 | 4 423.75 | 2 617.34 |
Net debt | 121.23 | 630.64 | -3 575.07 | - 852.32 | 993.49 |
Profitability | |||||
EBIT-% | |||||
ROA | -10.1 % | 13.7 % | 53.1 % | 6.3 % | -29.1 % |
ROE | -37.6 % | 54.3 % | 105.9 % | 7.5 % | -54.5 % |
ROI | -18.6 % | 29.9 % | 94.6 % | 11.2 % | -48.8 % |
Economic value added (EVA) | - 501.98 | 505.05 | 2 508.95 | 224.25 | - 876.04 |
Solvency | |||||
Equity ratio | 12.6 % | 23.1 % | 47.8 % | 49.2 % | 38.5 % |
Gearing | 224.6 % | 116.7 % | 24.2 % | 98.6 % | |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.9 | 1.0 | 1.7 | 1.1 | 0.6 |
Current ratio | 1.1 | 1.3 | 2.1 | 1.6 | 1.0 |
Cash and cash equivalents | 1 325.77 | 682.04 | 4 460.80 | 852.32 | 1.11 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BBB | BBB | BBB | BBB |
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