DK FLAG ApS — Credit Rating and Financial Key Figures

CVR number: 35230238
Mads Clausens Vej 24, 9800 Hjørring

Credit rating

Company information

Official name
DK FLAG ApS
Personnel
4 persons
Established
2013
Company form
Private limited company
Industry
  • Expand more icon13Manufacture of textiles

About DK FLAG ApS

DK FLAG ApS (CVR number: 35230238) is a company from HJØRRING. The company recorded a gross profit of 1044.4 kDKK in 2023. The operating profit was 296.4 kDKK, while net earnings were 257.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 26.7 %, which can be considered excellent and Return on Equity (ROE) was 46 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 43.1 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. DK FLAG ApS's liquidity measured by quick ratio was 1.6 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
20192020202120222023
Volume
Net sales
Gross profit622.00510.33834.40997.981 044.40
EBIT277.04410.20256.93402.15296.37
Net earnings209.92325.07212.38315.27257.43
Shareholders equity total428.72653.79366.17581.44538.87
Balance sheet total (assets)871.001 541.621 442.201 342.801 250.81
Net debt- 518.02- 473.56- 646.35- 247.06203.06
Profitability
EBIT-%
ROA23.7 %35.0 %18.7 %30.5 %26.7 %
ROE46.8 %60.1 %41.6 %66.5 %46.0 %
ROI56.4 %77.8 %54.4 %88.6 %52.0 %
Economic value added (EVA)249.66324.08191.35326.33212.08
Solvency
Equity ratio49.2 %42.4 %25.4 %43.3 %43.1 %
Gearing0.2 %0.3 %37.7 %
Relative net indebtedness %
Liquidity
Quick ratio1.81.61.21.51.6
Current ratio2.01.71.31.81.7
Cash and cash equivalents518.02474.76647.55247.06
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:26.7%
Rating: 82/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:43.1%
Rating: 35/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

Companies in the same industry

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