FLEX ACOUSTICS ApS — Credit Rating and Financial Key Figures

CVR number: 28851049
Ny Carlsberg Vej 27, 1760 København V

Company information

Official name
FLEX ACOUSTICS ApS
Personnel
1 person
Established
2005
Company form
Private limited company
Industry

About FLEX ACOUSTICS ApS

FLEX ACOUSTICS ApS (CVR number: 28851049) is a company from KØBENHAVN. The company recorded a gross profit of 2707.4 kDKK in 2023. The operating profit was 1577.6 kDKK, while net earnings were 1275.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 100.1 %, which can be considered excellent and Return on Equity (ROE) was 92.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 69.4 %, 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 ACOUSTICS ApS's liquidity measured by quick ratio was 3.3 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 profit98.26-92.622 193.89- 530.292 707.39
EBIT- 109.56- 198.091 674.14-1 730.771 577.59
Net earnings-83.97- 185.251 941.10-1 316.811 275.38
Shareholders equity total- 675.55- 860.801 080.31- 236.50588.88
Balance sheet total (assets)190.614 628.031 135.762 160.62848.89
Net debt769.81-3 618.94- 825.23622.06- 439.92
Profitability
EBIT-%
ROA-14.5 %-6.2 %54.2 %-95.4 %100.1 %
ROE-67.5 %-7.7 %68.0 %-81.3 %92.8 %
ROI-15.0 %-22.6 %179.0 %-195.1 %255.2 %
Economic value added (EVA)-76.38- 186.251 819.79-1 394.901 220.24
Solvency
Equity ratio-78.0 %-90.3 %95.1 %-23.0 %69.4 %
Gearing-124.1 %-106.5 %0.8 %-270.2 %7.7 %
Relative net indebtedness %
Liquidity
Quick ratio0.24.920.51.63.3
Current ratio0.20.820.50.93.3
Cash and cash equivalents68.514 535.66833.7417.06485.49
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBB

Variable visualization

ROA:100.1%
Rating: 100/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:69.4%
Rating: 52/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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