FLUGT ApS — Credit Rating and Financial Key Figures

FLUGT ApS (CVR number: 35525777) is a company from VARDE. The company recorded a gross profit of 1073 kDKK in 2022. The operating profit was 908.5 kDKK, while net earnings were 661.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 24.9 %, which can be considered excellent and Return on Equity (ROE) was 51.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 37.1 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. FLUGT ApS's liquidity measured by quick ratio was 1.4 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.