Flexi Group ApS — Credit Rating and Financial Key Figures

Flexi Group ApS (CVR number: 31257697K) is a company from HERNING. The company recorded a gross profit of 33.1 mDKK in 2021. The operating profit was 18.3 mDKK, while net earnings were 13.9 mDKK. The profitability of the company measured by Return on Assets (ROA) was 26.8 %, which can be considered excellent and Return on Equity (ROE) was 54.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 37.4 %, 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. Flexi Group ApS's liquidity measured by quick ratio was 0.5 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.