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 recorded a gross profit of 3.7 kDKK in 2024, demonstrating a decline of -82.4 % compared to the previous year. The operating profit was 3.7 kDKK, while net earnings were 3.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.6 %, which can be considered weak and Return on Equity (ROE) was 1.4 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 24 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Flexy Weld ApS's liquidity measured by quick ratio was 0.8 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|
Volume | ||||
Net sales | 216.98 | 41.02 | ||
Gross profit | -53.55 | 192.32 | 21.21 | 3.73 |
EBIT | -53.55 | 192.32 | 21.21 | 3.73 |
Net earnings | 4.65 | 170.43 | 16.45 | 3.18 |
Shareholders equity total | 44.65 | 215.08 | 230.36 | 234.73 |
Balance sheet total (assets) | 659.75 | 306.55 | 301.49 | 978.28 |
Net debt | - 115.37 | -19.76 | -15.00 | - 444.43 |
Profitability | ||||
EBIT-% | 88.6 % | 51.7 % | ||
ROA | -8.0 % | 39.8 % | 7.0 % | 0.6 % |
ROE | 10.4 % | 131.2 % | 7.4 % | 1.4 % |
ROI | -118.8 % | 119.2 % | 7.4 % | 1.3 % |
Economic value added (EVA) | -38.02 | 168.96 | 2.54 | -11.01 |
Solvency | ||||
Equity ratio | 6.8 % | 70.2 % | 76.4 % | 24.0 % |
Gearing | ||||
Relative net indebtedness % | 4.0 % | -16.8 % | ||
Liquidity | ||||
Quick ratio | 0.5 | 0.7 | 1.9 | 0.8 |
Current ratio | 0.5 | 0.7 | 1.9 | 0.8 |
Cash and cash equivalents | 115.37 | 19.76 | 15.00 | 444.43 |
Capital use efficiency | ||||
Trade debtors turnover (days) | ||||
Net working capital % | -3.9 % | 16.8 % | ||
Credit risk | ||||
Credit rating | BB | BB | BBB | BB |
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