FLEXBELT A/S — Credit Rating and Financial Key Figures

FLEXBELT A/S (CVR number: 21801143) is a company from VEJLE. The company recorded a gross profit of 17.7 mDKK in 2023. The operating profit was 4414.4 kDKK, while net earnings were 3369.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 23.8 %, which can be considered excellent and Return on Equity (ROE) was 29.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 62.6 %, 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. FLEXBELT A/S's liquidity measured by quick ratio was 0.9 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.