FLEX ENGINEERING & CONSULTING ApS — Credit Rating and Financial Key Figures

CVR number: 29194734
Vardevej 131, 6933 Kibæk
Free credit report Annual report

Company information

Official name
FLEX ENGINEERING & CONSULTING ApS
Personnel
1 person
Established
2005
Company form
Private limited company
Industry

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit363.35599.86673.97573.13814.81
EBIT47.71163.88143.013.06-37.10
Net earnings36.68126.72110.37-1.84-26.41
Shareholders equity total34.55161.28271.64269.81243.40
Balance sheet total (assets)220.31320.96408.14412.00375.88
Net debt-43.63- 209.15- 220.83- 223.70- 138.72
Profitability
EBIT-%
ROA22.0 %60.6 %39.2 %0.7 %-7.9 %
ROE29.8 %129.4 %51.0 %-0.7 %-10.3 %
ROI28.6 %110.3 %65.1 %1.1 %-12.0 %
Economic value added (EVA)45.60133.22114.110.67-33.54
Solvency
Equity ratio15.7 %50.2 %66.6 %65.5 %64.8 %
Gearing284.3 %2.0 %1.2 %1.2 %1.3 %
Relative net indebtedness %
Liquidity
Quick ratio1.22.03.02.92.8
Current ratio1.22.03.02.92.8
Cash and cash equivalents141.85212.33224.00226.88141.90
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBB

Variable visualization

ROA:-7.93%
Rating: 12/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:64.8%
Rating: 50/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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