FLEXTAG ApS — Credit Rating and Financial Key Figures

FLEXTAG ApS (CVR number: 32088066) is a company from RANDERS. The company recorded a gross profit of 2715.7 kDKK in 2023. The operating profit was 729 kDKK, while net earnings were 560 kDKK. The profitability of the company measured by Return on Assets (ROA) was 11 %, which can be considered good and Return on Equity (ROE) was 12.6 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 62 %, 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. FLEXTAG 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.