Flexway ApS — Credit Rating and Financial Key Figures

CVR number: 37619744
Bybjergvej 23 A, 3060 Espergærde
flexwayservice@gmail.com
tel: 31710808
aaauto.dk

Credit rating

Company information

Official name
Flexway ApS
Established
2016
Company form
Private limited company
Industry

About Flexway ApS

Flexway ApS (CVR number: 37619744) is a company from HELSINGØR. The company recorded a gross profit of 343.6 kDKK in 2023. The operating profit was 343.4 kDKK, while net earnings were 258.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 33.9 %, which can be considered excellent and Return on Equity (ROE) was 29.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 63.3 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. Flexway ApS's liquidity measured by quick ratio was 2.5 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit-10.00-10.00-11.00343.61
EBIT-10.00-10.00-11.00343.37
Net earnings- 257.00- 412.00520.00258.20
Shareholders equity total1 630.001 216.001 736.001 570.74198.73
Balance sheet total (assets)2 078.001 498.001 813.001 680.21313.92
Net debt1.0019.0093.68- 244.71
Profitability
EBIT-%
ROA-10.2 %-22.4 %31.4 %33.9 %
ROE-14.6 %-29.0 %35.2 %29.2 %
ROI-12.3 %-28.2 %35.0 %36.1 %
Economic value added (EVA)84.6275.1254.6892.46275.42
Solvency
Equity ratio78.4 %81.2 %95.8 %93.5 %63.3 %
Gearing0.1 %1.1 %6.0 %5.3 %
Relative net indebtedness %
Liquidity
Quick ratio0.90.72.5
Current ratio0.90.72.7
Cash and cash equivalents255.28
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBABBBBBB

Variable visualization

ROA:33.9%
Rating: 86/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:63.3%
Rating: 49/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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