FLEXALTAN ApS — Credit Rating and Financial Key Figures

FLEXALTAN ApS (CVR number: 40034862) is a company from SKIVE. The company recorded a gross profit of -206 kDKK in 2023. The operating profit was -285.3 kDKK, while net earnings were 25.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.7 %, which can be considered decent but Return on Equity (ROE) was 3.8 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 28.8 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. FLEXALTAN ApS'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.