Flex tgs Transportlogistics IVS — Credit Rating and Financial Key Figures

Flex tgs Transportlogistics IVS (CVR number: 38807803) is a company from KØBENHAVN. The company recorded a gross profit of 0 kDKK in 2019, demonstrating a decline of -100 % compared to the previous year. The operating profit was -3.5 kDKK, while net earnings were -3.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -10.3 %, which can be considered poor and Return on Equity (ROE) was -15.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 72.3 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. Flex tgs Transportlogistics IVS's liquidity measured by quick ratio was 4.2 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.