Elite Flex ApS — Credit Rating and Financial Key Figures

Elite Flex ApS (CVR number: 38549499) is a company from VARDE. The company recorded a gross profit of 225.3 kDKK in 2023. The operating profit was 62.4 kDKK, while net earnings were 57.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 41.8 %, which can be considered excellent and Return on Equity (ROE) was 43.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 87.7 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Elite Flex ApS's liquidity measured by quick ratio was 6.6 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.