FLOWTREND EUROPE ApS

CVR number: 34719624
Industrivej Vest 36, 6600 Vejen

Credit rating

Company information

Official name
FLOWTREND EUROPE ApS
Personnel
3 persons
Established
2012
Company form
Private limited company
Industry
  • Expand more icon46Wholesale trade, except of motor vehicles and motorcycles

About FLOWTREND EUROPE ApS

FLOWTREND EUROPE ApS (CVR number: 34719624) is a company from VEJEN. The company recorded a gross profit of 3761.1 kDKK in 2023. The operating profit was 1023.8 kDKK, while net earnings were 786.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 42.9 %, which can be considered excellent and Return on Equity (ROE) was 55.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 70.6 %, 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. FLOWTREND EUROPE ApS's liquidity measured by quick ratio was 2.3 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
20192020202120222023
Volume
Net sales
Gross profit2 367.712 709.332 800.402 621.223 761.08
EBIT156.90496.06409.00194.011 023.78
Net earnings188.81348.64270.72109.96786.90
Shareholders equity total299.61648.24918.971 028.931 815.83
Balance sheet total (assets)2 942.702 467.122 514.182 179.202 593.28
Net debt-1 267.08- 664.09- 644.20- 429.40- 726.96
Profitability
EBIT-%
ROA5.4 %18.3 %16.4 %8.3 %42.9 %
ROE92.0 %73.6 %34.5 %11.3 %55.3 %
ROI76.5 %104.7 %52.2 %19.9 %64.6 %
Economic value added (EVA)154.17433.31318.11131.43761.57
Solvency
Equity ratio10.2 %26.3 %36.6 %49.0 %70.6 %
Gearing17.9 %
Relative net indebtedness %
Liquidity
Quick ratio0.80.90.91.12.3
Current ratio1.11.41.61.93.3
Cash and cash equivalents1 267.08664.09644.20429.401 052.09
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBB

Variable visualization

ROA:42.9%
Rating: 91/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:70.6%
Rating: 53/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board

Companies in the same industry

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