MF Flex ApS — Credit Rating and Financial Key Figures

CVR number: 38199412
Snorresvej 15, Højstrup 5210 Odense NV
mfflexaps@gmail.com
tel: 27380678

Credit rating

Company information

Official name
MF Flex ApS
Personnel
6 persons
Established
2016
Domicile
Højstrup
Company form
Private limited company
Industry
  • Expand more icon49Land transport and transport via pipelines

About MF Flex ApS

MF Flex ApS (CVR number: 38199412) is a company from ODENSE. The company recorded a gross profit of 1097.6 kDKK in 2023. The operating profit was 198.9 kDKK, while net earnings were 151.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 26.9 %, which can be considered excellent and Return on Equity (ROE) was 28.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 69.4 %, 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. MF Flex ApS's liquidity measured by quick ratio was 1.6 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
20192020202120222023
Volume
Net sales
Gross profit346.93303.96608.241 060.561 097.55
EBIT86.9465.05-48.67498.60198.94
Net earnings83.3448.23-48.86397.29151.77
Shareholders equity total85.33133.5684.69481.99574.86
Balance sheet total (assets)341.73383.15257.53653.93827.95
Net debt166.5570.08-93.66-34.04- 271.94
Profitability
EBIT-%
ROA38.9 %17.9 %-15.2 %109.4 %26.9 %
ROE190.9 %44.1 %-44.8 %140.2 %28.7 %
ROI64.8 %23.6 %-26.6 %175.3 %37.5 %
Economic value added (EVA)85.7440.53-55.11397.88129.17
Solvency
Equity ratio25.0 %34.9 %32.9 %73.7 %69.4 %
Gearing219.8 %109.0 %2.5 %0.7 %
Relative net indebtedness %
Liquidity
Quick ratio0.71.00.80.61.6
Current ratio0.71.00.80.61.6
Cash and cash equivalents20.9875.4595.7934.04276.12
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:26.9%
Rating: 82/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:69.4%
Rating: 53/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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