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

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

Try the full version of our system for free
Bankruptcy risk visualization example

... and more!

No registration needed.