Flexit Tavler Holding ApS — Credit Rating and Financial Key Figures

CVR number: 40663215
Priorsvej 15, 8600 Silkeborg

Company information

Official name
Flexit Tavler Holding ApS
Established
2019
Company form
Private limited company
Industry

About Flexit Tavler Holding ApS

Flexit Tavler Holding ApS (CVR number: 40663215) is a company from SILKEBORG. The company reported a net sales of 1.2 mDKK in 2023, demonstrating a growth of 71.5 % compared to the previous year. The operating profit percentage was at 99.1 % (EBIT: 1.2 mDKK), while net earnings were 1225 kDKK. The profitability of the company measured by Return on Assets (ROA) was 30.7 %, which can be considered excellent and Return on Equity (ROE) was 30.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 99.9 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Flexit Tavler Holding ApS's liquidity measured by quick ratio was 26.1 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

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales422.00318.4294.04714.141 224.90
Gross profit414.91309.5585.05703.851 214.15
EBIT414.91309.5585.05703.851 214.15
Net earnings416.47321.44106.09704.811 224.96
Shareholders equity total2 801.352 962.782 908.873 453.684 518.63
Balance sheet total (assets)2 808.442 969.892 918.593 462.694 525.03
Net debt0.84-0.49- 498.53- 323.81-30.70
Profitability
EBIT-%98.3 %97.2 %90.4 %98.6 %99.1 %
ROA14.8 %11.2 %3.7 %22.1 %30.7 %
ROE14.9 %11.2 %3.6 %22.2 %30.7 %
ROI14.8 %11.2 %3.7 %22.1 %30.7 %
Economic value added (EVA)416.47330.2150.35708.671 252.08
Solvency
Equity ratio99.7 %99.8 %99.7 %99.7 %99.9 %
Gearing0.0 %0.1 %0.0 %
Relative net indebtedness %1.7 %2.1 %-519.8 %-44.5 %-2.0 %
Liquidity
Quick ratio0.290.751.436.526.1
Current ratio0.290.751.436.526.1
Cash and cash equivalents0.49498.53326.5730.83
Capital use efficiency
Trade debtors turnover (days)
Net working capital %-1.3 %200.2 %520.5 %44.8 %13.1 %
Credit risk
Credit ratingBBBABBBAA

Variable visualization

ROA:30.7%
Rating: 84/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:99.9%
Rating: 98/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Chief executive officer

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