FunctionTEX ApS

FunctionTEX ApS (CVR number: 39146878) is a company from VEJLE. The company recorded a gross profit of 6611.3 kDKK in 2021. The operating profit was 787 kDKK, while net earnings were 676.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 14.7 %, which can be considered good but Return on Equity (ROE) was 33 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 33.5 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. FunctionTEX 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.