FlexBuy Technologies A/S. — Credit Rating and Financial Key Figures

CVR number: 36030690
Albanigade 23 A, 5000 Odense C
info@flexbuy.dk
tel: 33603733
www.flexbuy.dk

Credit rating

Company information

Official name
FlexBuy Technologies A/S.
Personnel
18 persons
Established
2014
Company form
Limited company
Industry
  • Expand more icon474000

About FlexBuy Technologies A/S.

FlexBuy Technologies A/S. (CVR number: 36030690) is a company from ODENSE. The company recorded a gross profit of 3079.3 kDKK in 2023. The operating profit was 598.7 kDKK, while net earnings were 466.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 25.6 %, which can be considered excellent and Return on Equity (ROE) was 28.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 69 %, 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. FlexBuy Technologies A/S.'s liquidity measured by quick ratio was 3.7 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

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales3 152.874 289.558 267.97
Gross profit498.42553.211 145.102 220.433 079.32
EBIT324.34151.07391.96897.68598.72
Net earnings304.44116.86305.04695.46466.57
Shareholders equity total257.86374.71679.751 375.211 885.26
Balance sheet total (assets)309.13769.36934.651 947.602 733.95
Net debt- 189.74-36.56- 761.33- 961.55-1 311.10
Profitability
EBIT-%10.3 %3.5 %4.7 %
ROA155.5 %28.0 %46.0 %62.3 %25.6 %
ROE190.7 %36.9 %57.9 %67.7 %28.6 %
ROI251.6 %47.8 %74.3 %84.7 %34.2 %
Economic value added (EVA)308.39114.41289.28702.87446.14
Solvency
Equity ratio83.4 %48.7 %72.7 %70.6 %69.0 %
Gearing
Relative net indebtedness %-4.4 %8.3 %-6.1 %
Liquidity
Quick ratio6.01.93.73.23.7
Current ratio6.01.93.73.84.1
Cash and cash equivalents189.7436.56761.33961.551 311.10
Capital use efficiency
Trade debtors turnover (days)9.658.06.7
Net working capital %8.2 %8.7 %8.2 %
Credit risk
Credit ratingBBBBBBBBBBB

Variable visualization

ROA:25.6%
Rating: 81/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:69.0%
Rating: 52/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board

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