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

FLEX CABLES A/S (CVR number: 28293623) is a company from SILKEBORG. The company recorded a gross profit of 7175.8 kDKK in 2024. The operating profit was 3283.3 kDKK, while net earnings were 2610 kDKK. The profitability of the company measured by Return on Assets (ROA) was 45.7 %, which can be considered excellent and Return on Equity (ROE) was 50.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 72.8 %, 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 2.1 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.