FLEXTEK A/S — Credit Rating and Financial Key Figures

CVR number: 17951831
Kildeparken 30, 8722 Hedensted
flextek@flextek.com
tel: 76413413
https://flextek.com/

Credit rating

Company information

Official name
FLEXTEK A/S
Personnel
36 persons
Established
1994
Company form
Limited company
Industry

About FLEXTEK A/S

FLEXTEK A/S (CVR number: 17951831) is a company from HEDENSTED. The company recorded a gross profit of 35.7 mDKK in 2024. The operating profit was 10 mDKK, while net earnings were 7462 kDKK. The profitability of the company measured by Return on Assets (ROA) was 17.9 %, which can be considered excellent and Return on Equity (ROE) was 35 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 58.2 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. FLEXTEK 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit16 583.0022 179.0027 687.0035 544.0035 701.00
EBIT-13 386.00397.006 233.007 875.0010 014.00
Net earnings-10 547.00149.004 693.005 985.007 462.00
Shareholders equity total8 738.008 886.0013 579.0019 563.0023 025.00
Balance sheet total (assets)39 664.0031 872.0040 019.0062 650.0049 582.00
Net debt-8 844.00-7 373.00-3 940.00-5 347.00-5 655.00
Profitability
EBIT-%
ROA-27.4 %1.1 %17.3 %15.3 %17.9 %
ROE-80.8 %1.7 %41.8 %36.1 %35.0 %
ROI-79.7 %4.2 %51.9 %46.0 %46.4 %
Economic value added (EVA)-11 666.07- 194.104 368.295 414.046 778.02
Solvency
Equity ratio27.7 %34.9 %46.5 %41.3 %58.2 %
Gearing0.3 %0.4 %0.4 %
Relative net indebtedness %
Liquidity
Quick ratio1.01.31.50.21.6
Current ratio1.31.41.50.71.9
Cash and cash equivalents8 844.007 373.003 984.005 435.005 740.00
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:17.9%
Rating: 71/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:58.2%
Rating: 45/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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