FLEX TRIM A/S — Credit Rating and Financial Key Figures

CVR number: 24210944
Hedeparken 3, Glyngøre 7870 Roslev
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Company information

Official name
FLEX TRIM A/S
Personnel
23 persons
Established
1999
Domicile
Glyngøre
Company form
Limited company
Industry

About FLEX TRIM A/S

FLEX TRIM A/S (CVR number: 24210944) is a company from SKIVE. The company recorded a gross profit of 17.1 mDKK in 2024. The operating profit was 3079.4 kDKK, while net earnings were 2560.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 12.9 %, which can be considered good and Return on Equity (ROE) was 11.5 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 85.3 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. FLEX TRIM A/S's liquidity measured by quick ratio was 4.4 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit19 205.0024 030.0021 257.0020 961.0517 139.07
EBIT9 208.0012 833.008 024.007 441.873 079.42
Net earnings7 195.0010 021.006 290.005 884.722 560.63
Shareholders equity total19 698.0024 719.0021 009.0021 894.0022 454.63
Balance sheet total (assets)27 134.0031 117.0025 501.0025 531.6626 331.81
Net debt-7 967.46-8 960.49
Profitability
EBIT-%
ROA37.9 %44.1 %28.3 %29.7 %12.9 %
ROE38.7 %45.1 %27.5 %27.4 %11.5 %
ROI37.9 %44.1 %28.3 %31.4 %14.5 %
Economic value added (EVA)8 328.4211 843.186 781.874 745.741 256.90
Solvency
Equity ratio100.0 %100.0 %100.0 %85.8 %85.3 %
Gearing3.5 %3.5 %
Relative net indebtedness %
Liquidity
Quick ratio4.14.4
Current ratio5.45.6
Cash and cash equivalents8 741.569 736.25
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBAA

Variable visualization

ROA:12.9%
Rating: 63/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:85.3%
Rating: 65/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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