FLEX-LINE DK ApS — Credit Rating and Financial Key Figures

CVR number: 26098386
Drammelstrupvej 2, Drammelstrup 8961 Allingåbro
tel: 86481813

Credit rating

Company information

Official name
FLEX-LINE DK ApS
Personnel
2 persons
Established
2001
Domicile
Drammelstrup
Company form
Private limited company
Industry
  • Expand more icon16Manufacture of wood and of products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials

About FLEX-LINE DK ApS

FLEX-LINE DK ApS (CVR number: 26098386) is a company from NORDDJURS. The company recorded a gross profit of 1515.4 kDKK in 2023. The operating profit was 717.2 kDKK, while net earnings were 558.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 22.4 %, which can be considered excellent and Return on Equity (ROE) was 20.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 84.5 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. FLEX-LINE DK ApS's liquidity measured by quick ratio was 5.8 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit970.36958.331 928.171 640.611 515.45
EBIT352.74362.531 273.71892.32717.21
Net earnings272.57276.70984.44678.36558.07
Shareholders equity total892.801 061.501 935.942 502.302 945.37
Balance sheet total (assets)1 184.871 635.302 789.402 921.853 485.58
Net debt- 576.80-1 038.00-1 998.99-2 119.65-2 753.35
Profitability
EBIT-%
ROA31.2 %25.7 %57.6 %31.2 %22.4 %
ROE33.8 %28.3 %65.7 %30.6 %20.5 %
ROI41.7 %36.9 %84.7 %40.1 %26.2 %
Economic value added (EVA)262.86266.88992.41698.02540.23
Solvency
Equity ratio75.4 %64.9 %69.4 %85.6 %84.5 %
Gearing0.5 %0.5 %0.3 %0.2 %0.2 %
Relative net indebtedness %
Liquidity
Quick ratio2.72.12.75.75.8
Current ratio3.32.53.06.56.2
Cash and cash equivalents581.511 043.662 004.892 125.552 759.25
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:22.4%
Rating: 78/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:84.5%
Rating: 64/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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