EURO-FLEX ApS — Credit Rating and Financial Key Figures

CVR number: 27013856
Nørremarken 5-9, 6753 Agerbæk

Credit rating

Company information

Official name
EURO-FLEX ApS
Established
2003
Company form
Private limited company
Industry
  • Expand more icon25Manufacture of fabricated metal products, except machinery and equipment

About EURO-FLEX ApS

EURO-FLEX ApS (CVR number: 27013856) is a company from VARDE. The company recorded a gross profit of 338.7 kDKK in 2023. The operating profit was 304.5 kDKK, while net earnings were 237.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6.5 %, which can be considered decent and Return on Equity (ROE) was 5.5 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 93.6 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. EURO-FLEX ApS's liquidity measured by quick ratio was 8.3 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 profit530.881 025.87519.51637.64338.69
EBIT530.881 025.87519.51629.09304.49
Net earnings414.73781.03382.92479.51237.84
Shareholders equity total3 187.043 783.753 978.334 267.174 308.68
Balance sheet total (assets)3 641.474 265.404 416.224 948.464 605.36
Net debt-3 045.35-3 396.01-2 778.22-2 022.06-2 217.63
Profitability
EBIT-%
ROA15.0 %25.9 %12.0 %13.4 %6.5 %
ROE13.5 %22.4 %9.9 %11.6 %5.5 %
ROI16.4 %28.5 %13.4 %15.3 %7.2 %
Economic value added (EVA)400.81801.03388.24436.21124.99
Solvency
Equity ratio87.5 %88.7 %90.1 %86.2 %93.6 %
Gearing6.8 %
Relative net indebtedness %
Liquidity
Quick ratio7.28.19.44.08.3
Current ratio8.08.910.14.59.4
Cash and cash equivalents3 261.363 396.012 778.222 022.062 217.63
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBAA

Variable visualization

ROA:6.45%
Rating: 47/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:93.6%
Rating: 74/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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