AK Flexkørsel ApS — Credit Rating and Financial Key Figures

CVR number: 38435434
Finlandsvej 76, 7100 Vejle

Credit rating

Company information

Official name
AK Flexkørsel ApS
Personnel
2 persons
Established
2017
Company form
Private limited company
Industry

About AK Flexkørsel ApS

AK Flexkørsel ApS (CVR number: 38435434) is a company from VEJLE. The company recorded a gross profit of 446.3 kDKK in 2023. The operating profit was 12.3 kDKK, while net earnings were 9.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7.5 %, which can be considered decent but Return on Equity (ROE) was 9.6 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 62.8 %, 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. AK Flexkørsel ApS's liquidity measured by quick ratio was 2.4 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 profit361.42460.76488.27430.94446.25
EBIT-40.28-24.711.34-39.8012.31
Net earnings-39.63-24.710.27-39.869.62
Shareholders equity total159.86135.15135.4295.56105.18
Balance sheet total (assets)276.74238.87187.87161.71167.45
Net debt-30.8212.03-2.01-12.54-29.48
Profitability
EBIT-%
ROA-13.6 %-9.6 %0.6 %-22.8 %7.5 %
ROE-22.1 %-16.8 %0.2 %-34.5 %9.6 %
ROI-19.0 %-12.6 %0.7 %-26.8 %9.3 %
Economic value added (EVA)-45.55-29.37-3.07-44.877.09
Solvency
Equity ratio57.8 %56.6 %72.1 %59.1 %62.8 %
Gearing22.7 %43.9 %24.1 %34.6 %28.7 %
Relative net indebtedness %
Liquidity
Quick ratio1.81.21.81.62.4
Current ratio1.81.21.81.62.4
Cash and cash equivalents67.1847.3434.6245.6459.63
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:7.48%
Rating: 50/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:62.8%
Rating: 48/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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