FLEX I BYG ApS — Credit Rating and Financial Key Figures

CVR number: 26631041
Mylius Erichsens Vej 32 A, 9210 Aalborg SØ
mail@flexibyg.dk
tel: 26206727

Credit rating

Company information

Official name
FLEX I BYG ApS
Personnel
2 persons
Established
2002
Company form
Private limited company
Industry

About FLEX I BYG ApS

FLEX I BYG ApS (CVR number: 26631041) is a company from AALBORG. The company recorded a gross profit of 309.5 kDKK in 2023. The operating profit was 128 kDKK, while net earnings were 107.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 20.7 %, which can be considered excellent and Return on Equity (ROE) was 24.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 59.7 %, 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. FLEX I BYG ApS's liquidity measured by quick ratio was 2.5 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 profit471.431 038.53445.22657.42309.49
EBIT328.12751.78232.65356.79128.00
Net earnings258.29597.83190.98284.47107.09
Shareholders equity total513.00860.84451.81536.29343.38
Balance sheet total (assets)782.921 271.49651.64800.95575.39
Net debt- 618.96- 301.61- 333.49-93.92-87.97
Profitability
EBIT-%
ROA52.5 %74.9 %25.7 %50.6 %20.7 %
ROE58.9 %87.0 %29.1 %57.6 %24.3 %
ROI74.9 %111.4 %37.5 %74.3 %32.3 %
Economic value added (EVA)238.80591.15152.96271.7576.29
Solvency
Equity ratio65.5 %67.7 %69.3 %67.0 %59.7 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio2.73.03.13.02.5
Current ratio2.73.03.13.02.5
Cash and cash equivalents618.96301.61333.4993.9287.97
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:20.7%
Rating: 75/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:59.7%
Rating: 46/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chief executive officer

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