Fair Flex Leasing ApS — Credit Rating and Financial Key Figures

CVR number: 40763023
Hovedvejen 149, 2600 Glostrup
info@fairflexleasing.dk
tel: 81818108
www.fairflexleasing.dk

Credit rating

Company information

Official name
Fair Flex Leasing ApS
Personnel
1 person
Established
2019
Company form
Private limited company
Industry
  • Expand more icon77Rental and leasing activities

About Fair Flex Leasing ApS

Fair Flex Leasing ApS (CVR number: 40763023) is a company from GLOSTRUP. The company recorded a gross profit of -1814 kDKK in 2023. The operating profit was -3216.7 kDKK, while net earnings were -3227.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was -100.7 %, which can be considered poor and Return on Equity (ROE) was -447.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -77.6 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Fair Flex Leasing ApS's liquidity measured by quick ratio was 0.2 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
2020
2021
2022
2023
Volume
Net sales
Gross profit431.291 159.182 250.70-1 813.97
EBIT377.10355.12261.65-3 216.69
Net earnings226.14266.55187.97-3 227.66
Shareholders equity total266.14532.69720.66-2 507.00
Balance sheet total (assets)1 189.072 151.863 160.66723.16
Net debt- 173.27311.451 569.74517.15
Profitability
EBIT-%
ROA31.7 %21.3 %9.9 %-100.7 %
ROE85.0 %66.7 %30.0 %-447.1 %
ROI37.1 %24.0 %10.9 %-167.4 %
Economic value added (EVA)239.10298.73205.43-3 224.62
Solvency
Equity ratio22.4 %24.8 %22.8 %-77.6 %
Gearing281.8 %264.8 %295.9 %-39.4 %
Relative net indebtedness %
Liquidity
Quick ratio1.31.00.30.2
Current ratio1.31.31.20.2
Cash and cash equivalents923.271 099.16562.78471.80
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBC

Variable visualization

ROA:-100.7%
Rating: 0/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-77.6%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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