Flono ApS — Credit Rating and Financial Key Figures

Flono ApS (CVR number: 29974438) is a company from VARDE. The company recorded a gross profit of 133.5 kDKK in 2024. The operating profit was 76.8 kDKK, while net earnings were 46.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.3 %, which can be considered decent and Return on Equity (ROE) was 6.6 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 43.9 %, 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. Flono ApS's liquidity measured by quick ratio was 1.3 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.