Flexmusic ApS — Credit Rating and Financial Key Figures

Flexmusic ApS (CVR number: 38516833) is a company from KØBENHAVN. The company recorded a gross profit of 271.2 kDKK in 2023. The operating profit was -289 kDKK, while net earnings were -354.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -14.4 %, which can be considered poor and Return on Equity (ROE) was -55 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -73.2 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Flexmusic ApS's liquidity measured by quick ratio was 3.5 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.