FLEX BOGFØRING ApS — Credit Rating and Financial Key Figures

CVR number: 33588704
Kongehøj 13, 6600 Vejen
bj@flexbogforing.dk
tel: 22947766

Company information

Official name
FLEX BOGFØRING ApS
Personnel
1 person
Established
2011
Company form
Private limited company
Industry

About FLEX BOGFØRING ApS

FLEX BOGFØRING ApS (CVR number: 33588704) is a company from VEJEN. The company recorded a gross profit of 578.9 kDKK in 2023. The operating profit was 15 kDKK, while net earnings were 8.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 11.9 %, which can be considered good and Return on Equity (ROE) was 12.6 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at -37.5 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. FLEX BOGFØRING ApS'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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales389.25
Gross profit429.08397.78389.25547.23578.94
EBIT32.667.47-23.669.4014.97
Net earnings30.346.34-23.666.058.57
Shareholders equity total-50.47-44.13-67.79-61.73-53.16
Balance sheet total (assets)38.5251.0347.6147.2688.77
Net debt22.51-6.1144.6639.2873.64
Profitability
EBIT-%-6.1 %
ROA31.2 %8.1 %-22.5 %8.4 %11.9 %
ROE78.0 %14.2 %-48.0 %12.8 %12.6 %
ROI69.6 %66.4 %-105.9 %22.4 %26.5 %
Economic value added (EVA)33.138.87-14.5810.5616.10
Solvency
Equity ratio-56.7 %-46.4 %-58.7 %-56.6 %-37.5 %
Gearing-44.6 %-65.9 %-63.6 %-138.5 %
Relative net indebtedness %29.6 %
Liquidity
Quick ratio0.40.50.40.40.6
Current ratio0.40.50.40.40.6
Cash and cash equivalents6.11
Capital use efficiency
Trade debtors turnover (days)44.6
Net working capital %-17.4 %
Credit risk
Credit ratingBBBBBB

Variable visualization

ROA:11.9%
Rating: 61/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-37.5%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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