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

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

Company information

Official name
FLEX-LINE DK ApS
Personnel
2 persons
Established
2001
Domicile
Drammelstrup
Company form
Private limited company
Industry

About FLEX-LINE DK ApS

FLEX-LINE DK ApS (CVR number: 26098386) is a company from NORDDJURS. The company recorded a gross profit of 1546.6 kDKK in 2024. The operating profit was 599.4 kDKK, while net earnings were 505.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 18.4 %, which can be considered excellent and Return on Equity (ROE) was 16.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 90.9 %, 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 9.7 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit958.331 928.171 640.611 758.101 546.56
EBIT362.531 273.71892.32717.21599.44
Net earnings276.70984.44678.36558.07505.38
Shareholders equity total1 061.501 935.942 502.302 945.373 331.75
Balance sheet total (assets)1 635.302 789.402 921.853 485.583 663.97
Net debt-1 038.00-1 998.99-2 119.65-2 753.35-2 787.02
Profitability
EBIT-%
ROA25.7 %57.6 %31.2 %22.4 %18.4 %
ROE28.3 %65.7 %30.6 %20.5 %16.1 %
ROI36.9 %84.7 %40.1 %26.2 %20.9 %
Economic value added (EVA)237.30939.68596.98432.92317.80
Solvency
Equity ratio64.9 %69.4 %85.6 %84.5 %90.9 %
Gearing0.5 %0.3 %0.2 %0.2 %0.2 %
Relative net indebtedness %
Liquidity
Quick ratio2.12.75.75.89.7
Current ratio2.53.06.56.210.7
Cash and cash equivalents1 043.662 004.892 125.552 759.252 792.93
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:18.4%
Rating: 71/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:90.9%
Rating: 71/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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