Credit rating
Company information
About CV Flexrent. ApS
CV Flexrent. ApS (CVR number: 35249761) is a company from ODENSE. The company recorded a gross profit of 358.9 kDKK in 2023. The operating profit was -43.6 kDKK, while net earnings were -46.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -30.9 %, which can be considered poor and Return on Equity (ROE) was -85.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -41.7 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. CV Flexrent. 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 6.46 | 38.86 | 21.12 | -5.37 | 358.90 |
EBIT | 6.46 | 38.86 | 21.12 | -5.37 | -43.59 |
Net earnings | 6.97 | 39.35 | 21.44 | - 141.82 | -46.62 |
Shareholders equity total | 49.94 | 89.29 | 110.72 | -31.10 | -77.72 |
Balance sheet total (assets) | 63.63 | 108.33 | 135.81 | 0.59 | 108.69 |
Net debt | 11.05 | 16.48 | 22.45 | 29.09 | 16.83 |
Profitability | |||||
EBIT-% | |||||
ROA | 11.2 % | 45.2 % | 17.3 % | -156.3 % | -30.9 % |
ROE | 15.0 % | 56.5 % | 21.4 % | -254.8 % | -85.3 % |
ROI | 11.7 % | 46.5 % | 17.7 % | -161.2 % | -112.0 % |
Economic value added (EVA) | 7.67 | 40.40 | 23.04 | -3.04 | -56.03 |
Solvency | |||||
Equity ratio | 78.5 % | 82.4 % | 81.5 % | -98.1 % | -41.7 % |
Gearing | 22.4 % | 18.5 % | 20.4 % | -93.9 % | -23.4 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.5 | 0.4 | 0.4 | 0.0 | 0.6 |
Current ratio | 0.5 | 0.4 | 0.4 | 0.0 | 0.6 |
Cash and cash equivalents | 0.14 | 0.06 | 0.14 | 0.09 | 1.38 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | B | B | BB | B | B |
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