FLEX GØDNING A/S — Credit Rating and Financial Key Figures

CVR number: 33839618
Masnedøvej 63, 4760 Vordingborg
info.flex-godning@yara.com
tel: 55371974
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Company information

Official name
FLEX GØDNING A/S
Established
1971
Company form
Limited company
Industry

About FLEX GØDNING A/S

FLEX GØDNING A/S (CVR number: 33839618) is a company from VORDINGBORG. The company recorded a gross profit of 2566 kDKK in 2023. The operating profit was -5013.8 kDKK, while net earnings were -4239.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was -27.4 %, which can be considered poor and Return on Equity (ROE) was -118.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -20.3 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. FLEX GØDNING A/S's liquidity measured by quick ratio was 0.4 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit3 625.694 482.53- 898.56- 363.952 566.00
EBIT1 330.692 105.88-3 241.63-2 429.81-5 013.75
Net earnings1 024.891 611.48-2 568.00-2 050.94-4 239.41
Shareholders equity total6 248.657 860.135 292.133 241.19- 998.22
Balance sheet total (assets)19 746.4615 898.9820 447.2831 692.933 929.98
Net debt12 229.886 290.3014 257.4728 289.333 953.99
Profitability
EBIT-%
ROA8.3 %11.8 %-17.8 %-9.3 %-27.4 %
ROE17.9 %22.8 %-39.1 %-48.1 %-118.2 %
ROI8.8 %12.7 %-18.6 %-9.4 %-28.2 %
Economic value added (EVA)773.821 327.90-2 925.35-2 159.64-4 093.46
Solvency
Equity ratio32.2 %49.4 %25.9 %10.2 %-20.3 %
Gearing195.7 %80.0 %269.4 %872.8 %-396.1 %
Relative net indebtedness %
Liquidity
Quick ratio0.20.10.10.00.4
Current ratio0.70.80.80.80.4
Cash and cash equivalents
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAABBBBBBBB

Variable visualization

ROA:-27.4%
Rating: 0/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-20.3%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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