DEN FLEKSIBLE HÅNDVÆRKER ApS — Credit Rating and Financial Key Figures

CVR number: 36020172
Benediktevej 11 B, 6270 Tønder
leonhardt@c.dk
tel: 24641658

Company information

Official name
DEN FLEKSIBLE HÅNDVÆRKER ApS
Personnel
6 persons
Established
2014
Company form
Private limited company
Industry

About DEN FLEKSIBLE HÅNDVÆRKER ApS

DEN FLEKSIBLE HÅNDVÆRKER ApS (CVR number: 36020172) is a company from TØNDER. The company recorded a gross profit of 3098.7 kDKK in 2023. The operating profit was 454.3 kDKK, while net earnings were 291.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 9 %, which can be considered good and Return on Equity (ROE) was 11.2 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 52.3 %, 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. DEN FLEKSIBLE HÅNDVÆRKER ApS'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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit3 105.943 399.613 371.303 108.773 098.68
EBIT140.03618.22328.26243.76454.34
Net earnings57.05458.76246.19117.15291.11
Shareholders equity total2 030.402 378.572 511.752 514.502 687.81
Balance sheet total (assets)3 361.164 386.954 248.814 913.305 137.90
Net debt534.8635.89671.911 731.971 586.98
Profitability
EBIT-%
ROA3.8 %16.0 %7.7 %5.3 %9.0 %
ROE2.8 %20.8 %10.1 %4.7 %11.2 %
ROI5.4 %24.0 %11.5 %6.5 %10.4 %
Economic value added (EVA)2.09379.90143.5547.85197.32
Solvency
Equity ratio60.4 %54.2 %59.1 %51.2 %52.3 %
Gearing26.3 %8.6 %26.8 %71.5 %64.0 %
Relative net indebtedness %
Liquidity
Quick ratio2.01.92.11.61.6
Current ratio2.11.92.11.61.7
Cash and cash equivalents168.8065.13134.56
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBAAA

Variable visualization

ROA:9.04%
Rating: 54/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:52.3%
Rating: 41/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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