Flexmek ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Flexmek ApS
Flexmek ApS (CVR number: 37327735) is a company from RINGKØBING-SKJERN. The company recorded a gross profit of -2.7 kDKK in 2018. The operating profit was -6.7 kDKK, while net earnings were 1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1 %, which can be considered weak and Return on Equity (ROE) was 0.2 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 41.5 %, 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. Flexmek ApS's liquidity measured by quick ratio was 1.7 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2016 | 2017 | 2018 | |
---|---|---|---|
Volume | |||
Net sales | |||
Gross profit | 523.88 | 523.88 | -2.68 |
EBIT | 450.86 | 450.86 | -6.66 |
Net earnings | 353.37 | 353.37 | 0.96 |
Shareholders equity total | 657.32 | 657.32 | 308.28 |
Balance sheet total (assets) | 828.97 | 828.97 | 742.16 |
Net debt | - 192.13 | - 192.13 | 219.35 |
Profitability | |||
EBIT-% | |||
ROA | 54.7 % | 54.7 % | 1.0 % |
ROE | 53.8 % | 53.8 % | 0.2 % |
ROI | 68.3 % | 68.3 % | 1.3 % |
Economic value added (EVA) | 351.68 | 330.31 | -28.02 |
Solvency | |||
Equity ratio | 79.3 % | 79.3 % | 41.5 % |
Gearing | 82.4 % | ||
Relative net indebtedness % | |||
Liquidity | |||
Quick ratio | 4.0 | 4.0 | 1.7 |
Current ratio | 4.0 | 4.0 | 1.7 |
Cash and cash equivalents | 192.13 | 192.13 | 34.66 |
Capital use efficiency | |||
Trade debtors turnover (days) | |||
Net working capital % | |||
Credit risk | |||
Credit rating | BBB | BBB | BB |
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