Flexy Weld ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Flexy Weld ApS
Flexy Weld ApS (CVR number: 41771135) is a company from BALLERUP. The company reported a net sales of 0 mDKK in 2023, demonstrating a decline of -81.1 % compared to the previous year. The operating profit percentage was at 51.7 % (EBIT: 0 mDKK), while net earnings were 16.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7 %, which can be considered decent and Return on Equity (ROE) was 7.4 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 76.4 %, 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. Flexy Weld ApS's liquidity measured by quick ratio was 1.9 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 financials2021 | 2022 | 2023 | |
---|---|---|---|
Volume | |||
Net sales | 216.98 | 41.02 | |
Gross profit | -53.55 | 192.32 | 21.21 |
EBIT | -53.55 | 192.32 | 21.21 |
Net earnings | 4.65 | 170.43 | 16.45 |
Shareholders equity total | 44.65 | 215.08 | 230.36 |
Balance sheet total (assets) | 659.75 | 306.55 | 301.49 |
Net debt | - 115.37 | -19.76 | -15.00 |
Profitability | |||
EBIT-% | 88.6 % | 51.7 % | |
ROA | -8.0 % | 39.8 % | 7.0 % |
ROE | 10.4 % | 131.2 % | 7.4 % |
ROI | -118.8 % | 119.2 % | 7.4 % |
Economic value added (EVA) | -38.02 | 174.76 | 6.70 |
Solvency | |||
Equity ratio | 6.8 % | 70.2 % | 76.4 % |
Gearing | |||
Relative net indebtedness % | 4.0 % | -16.8 % | |
Liquidity | |||
Quick ratio | 0.5 | 0.7 | 1.9 |
Current ratio | 0.5 | 0.7 | 1.9 |
Cash and cash equivalents | 115.37 | 19.76 | 15.00 |
Capital use efficiency | |||
Trade debtors turnover (days) | |||
Net working capital % | -3.9 % | 16.8 % | |
Credit risk | |||
Credit rating | BB | BB | BBB |
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