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

CVR number: 28293623
A.C.Illums Vej 1, 8600 Silkeborg
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Credit rating

Company information

Official name
FLEX CABLES A/S
Personnel
13 persons
Established
2004
Company form
Limited company
Industry

About FLEX CABLES A/S

FLEX CABLES A/S (CVR number: 28293623) is a company from SILKEBORG. The company recorded a gross profit of 8871.1 kDKK in 2025. The operating profit was 4339.5 kDKK, while net earnings were 3425.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 50.4 %, which can be considered excellent and Return on Equity (ROE) was 59.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 60.4 %, 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 CABLES A/S'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
2021
2022
2023
2024
2025
Volume
Net sales
Gross profit7 845.999 185.618 345.557 175.758 871.15
EBIT4 402.833 822.043 406.243 283.334 339.48
Net earnings3 472.053 058.782 718.312 610.053 425.82
Shareholders equity total5 381.935 440.715 159.025 269.066 194.88
Balance sheet total (assets)8 951.928 695.207 420.997 234.7610 258.69
Net debt1 185.36- 623.01-1 395.69- 892.652 031.35
Profitability
EBIT-%
ROA57.4 %44.6 %43.3 %45.7 %50.4 %
ROE74.7 %56.5 %51.3 %50.1 %59.8 %
ROI85.5 %65.3 %65.7 %64.1 %65.0 %
Economic value added (EVA)3 232.252 647.452 380.512 300.283 115.16
Solvency
Equity ratio60.1 %62.6 %69.5 %72.8 %60.4 %
Gearing22.0 %32.8 %
Relative net indebtedness %
Liquidity
Quick ratio1.61.81.92.11.6
Current ratio2.32.53.13.62.3
Cash and cash equivalents623.011 395.69892.65
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:50.4%
Rating: 95/100
-20%
0%
4%
11%
24%
60%
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Equity ratio:60.4%
Rating: 47/100
-1%
21%
50%
81%
99%
100%
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Roles

Board member
Board member

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