Flex Vending A/S — Credit Rating and Financial Key Figures

CVR number: 37266205
Grydhøjparken 9 F, True 8381 Tilst
mads@flexvending.dk
tel: 82821020
www.flexvending.dk

Credit rating

Company information

Official name
Flex Vending A/S
Personnel
1 person
Established
2015
Domicile
True
Company form
Limited company
Industry

About Flex Vending A/S

Flex Vending A/S (CVR number: 37266205) is a company from AARHUS. The company recorded a gross profit of 839.7 kDKK in 2024. The operating profit was 334 kDKK, while net earnings were 259.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 17.9 %, which can be considered excellent and Return on Equity (ROE) was 20.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 66.2 %, 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 Vending A/S's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.

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 profit706.251 084.04967.47955.82839.72
EBIT229.89534.51460.80475.24333.98
Net earnings175.05412.35350.94365.09259.62
Shareholders equity total874.72987.071 338.011 403.101 162.72
Balance sheet total (assets)1 804.311 986.752 043.932 013.351 757.63
Net debt- 243.17- 510.26- 237.63- 423.94- 288.58
Profitability
EBIT-%
ROA12.4 %28.3 %22.9 %23.5 %17.9 %
ROE22.2 %44.3 %30.2 %26.6 %20.2 %
ROI18.9 %52.5 %38.1 %33.4 %24.5 %
Economic value added (EVA)106.44366.64304.81298.72185.94
Solvency
Equity ratio48.5 %49.7 %65.5 %69.7 %66.2 %
Gearing4.3 %
Relative net indebtedness %
Liquidity
Quick ratio0.60.91.01.00.7
Current ratio1.51.72.52.62.3
Cash and cash equivalents243.17510.26237.63423.94338.73
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:17.9%
Rating: 71/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:66.2%
Rating: 50/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chairman of the board

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