FLEX ENGINEERING & CONSULTING ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About FLEX ENGINEERING & CONSULTING ApS
FLEX ENGINEERING & CONSULTING ApS (CVR number: 29194734) is a company from HERNING. The company recorded a gross profit of 814.8 kDKK in 2024. The operating profit was -37.1 kDKK, while net earnings were -26.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was -7.9 %, which can be considered poor and Return on Equity (ROE) was -10.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 64.8 %, 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. FLEX ENGINEERING & CONSULTING ApS's liquidity measured by quick ratio was 2.8 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 363.35 | 599.86 | 673.97 | 573.13 | 814.81 |
EBIT | 47.71 | 163.88 | 143.01 | 3.06 | -37.10 |
Net earnings | 36.68 | 126.72 | 110.37 | -1.84 | -26.41 |
Shareholders equity total | 34.55 | 161.28 | 271.64 | 269.81 | 243.40 |
Balance sheet total (assets) | 220.31 | 320.96 | 408.14 | 412.00 | 375.88 |
Net debt | -43.63 | - 209.15 | - 220.83 | - 223.70 | - 138.72 |
Profitability | |||||
EBIT-% | |||||
ROA | 22.0 % | 60.6 % | 39.2 % | 0.7 % | -7.9 % |
ROE | 29.8 % | 129.4 % | 51.0 % | -0.7 % | -10.3 % |
ROI | 28.6 % | 110.3 % | 65.1 % | 1.1 % | -12.0 % |
Economic value added (EVA) | 45.60 | 133.22 | 114.11 | 0.67 | -33.54 |
Solvency | |||||
Equity ratio | 15.7 % | 50.2 % | 66.6 % | 65.5 % | 64.8 % |
Gearing | 284.3 % | 2.0 % | 1.2 % | 1.2 % | 1.3 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.2 | 2.0 | 3.0 | 2.9 | 2.8 |
Current ratio | 1.2 | 2.0 | 3.0 | 2.9 | 2.8 |
Cash and cash equivalents | 141.85 | 212.33 | 224.00 | 226.88 | 141.90 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | BB | BB | BB |
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