FLAME FASHION ApS — Credit Rating and Financial Key Figures

CVR number: 28231717
Akacieparken 25, 7430 Ikast

Credit rating

Company information

Official name
FLAME FASHION ApS
Established
1975
Company form
Private limited company
Industry
  • Expand more icon47Retail trade, except of motor vehicles and motorcycles

About FLAME FASHION ApS

FLAME FASHION ApS (CVR number: 28231717) is a company from IKAST-BRANDE. The company recorded a gross profit of -17.6 kDKK in 2023. The operating profit was -17.6 kDKK, while net earnings were 117.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7.9 %, which can be considered decent but Return on Equity (ROE) was 10.6 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 56.2 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. FLAME FASHION ApS's liquidity measured by quick ratio was 2.3 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit-18.24-13.05-20.00-18.63-17.64
EBIT-18.24-13.05-20.00-18.63-17.64
Net earnings159.75-16.52170.19- 256.24117.72
Shareholders equity total1 509.201 382.681 452.871 096.631 114.35
Balance sheet total (assets)1 846.171 854.452 055.461 833.771 984.28
Net debt-1 504.33-1 383.05-1 450.46-1 073.24-1 108.13
Profitability
EBIT-%
ROA9.7 %1.4 %9.9 %6.1 %7.9 %
ROE10.9 %-1.1 %12.0 %-20.1 %10.6 %
ROI9.8 %1.4 %9.9 %6.2 %7.9 %
Economic value added (EVA)-4.883.293.3711.1817.88
Solvency
Equity ratio81.7 %74.6 %70.7 %59.8 %56.2 %
Gearing21.9 %33.6 %41.0 %66.6 %77.4 %
Relative net indebtedness %
Liquidity
Quick ratio5.53.93.42.52.3
Current ratio5.53.93.42.52.3
Cash and cash equivalents1 834.301 847.832 046.051 803.381 971.06
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:7.88%
Rating: 51/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:56.2%
Rating: 44/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

Companies in the same industry

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