Flex4U ApS — Credit Rating and Financial Key Figures

CVR number: 33861273
Jasminvej 11, 8400 Ebeltoft

Credit rating

Company information

Official name
Flex4U ApS
Established
2011
Company form
Private limited company
Industry

About Flex4U ApS

Flex4U ApS (CVR number: 33861273) is a company from SYDDJURS. The company recorded a gross profit of 33.8 kDKK in 2023. The operating profit was 12.2 kDKK, while net earnings were 1.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.5 %, which can be considered weak and Return on Equity (ROE) was 0.1 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 91.2 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Flex4U ApS's liquidity measured by quick ratio was 11.1 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.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit364.0721.37-49.15-18.5433.81
EBIT346.0210.42-59.76-32.9212.24
Net earnings216.208.03-50.41-35.851.27
Shareholders equity total2 380.112 388.142 337.732 301.872 303.14
Balance sheet total (assets)2 874.622 803.062 564.242 487.002 525.74
Net debt-1 566.68230.22164.98120.57179.31
Profitability
EBIT-%
ROA13.0 %0.4 %-2.2 %-1.3 %0.5 %
ROE9.5 %0.3 %-2.1 %-1.5 %0.1 %
ROI13.7 %0.4 %-2.2 %-1.3 %0.5 %
Economic value added (EVA)114.53-18.14- 159.50- 145.56- 104.37
Solvency
Equity ratio82.8 %85.2 %91.2 %92.6 %91.2 %
Gearing10.3 %15.0 %8.8 %7.5 %8.4 %
Relative net indebtedness %
Liquidity
Quick ratio5.76.711.413.211.1
Current ratio5.76.711.413.211.1
Cash and cash equivalents1 811.67129.1640.6151.8714.13
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:0.49%
Rating: 22/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:91.2%
Rating: 72/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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