FLEX A/S — Credit Rating and Financial Key Figures

CVR number: 67659619
Svend Aagesens Alle 10 B, 2650 Hvidovre
brev@mitoflex.dk
tel: 52510000

Company information

Official name
FLEX A/S
Established
1982
Company form
Limited company
Industry

About FLEX A/S

FLEX A/S (CVR number: 67659619) is a company from HVIDOVRE. The company recorded a gross profit of -3474.9 kDKK in 2024. The operating profit was 5017.6 kDKK, while net earnings were 7730.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6.6 %, which can be considered decent and Return on Equity (ROE) was 4.9 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 83.3 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. FLEX A/S's liquidity measured by quick ratio was 7.2 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 profit158.9498.55-3 450.20-3 355.96-3 474.86
EBIT428.51848.77-3 381.82-2 631.345 017.57
Net earnings203.82498.29-12 291.429 764.647 730.16
Shareholders equity total994.661 492.95144 884.37154 168.91161 899.07
Balance sheet total (assets)4 723.295 426.07157 129.25170 999.92194 449.32
Net debt3 547.553 603.03-5 892.826 054.0522 880.89
Profitability
EBIT-%
ROA8.9 %16.7 %-11.1 %7.2 %6.6 %
ROE22.8 %40.1 %-16.8 %6.5 %4.9 %
ROI9.0 %16.9 %-11.2 %7.3 %6.7 %
Economic value added (EVA)95.67433.61-2 904.34-9 901.60-4 509.37
Solvency
Equity ratio21.1 %27.5 %92.2 %90.2 %83.3 %
Gearing356.9 %243.7 %8.0 %8.5 %15.6 %
Relative net indebtedness %
Liquidity
Quick ratio0.20.210.615.77.2
Current ratio0.20.210.615.67.2
Cash and cash equivalents2.4735.0517 427.617 039.562 313.09
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBAA

Variable visualization

ROA:6.57%
Rating: 47/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:83.3%
Rating: 63/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board
Chief executive officer

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