FLATLIST Eyewear ApS

CVR number: 38490850
Kronprinsensgade 6 B, 1114 København K
kasper@flatlisteyewear.com
tel: 25619858
www.flatlisteyewear.com

Credit rating

Company information

Official name
FLATLIST Eyewear ApS
Personnel
7 persons
Established
2017
Company form
Private limited company
Industry
  • Expand more icon46Wholesale trade, except of motor vehicles and motorcycles

About FLATLIST Eyewear ApS

FLATLIST Eyewear ApS (CVR number: 38490850) is a company from KØBENHAVN. The company recorded a gross profit of 414.3 kDKK in 2023. The operating profit was -499.5 kDKK, while net earnings were -557.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -25.7 %, which can be considered poor and Return on Equity (ROE) was -37.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -33.1 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. FLATLIST Eyewear ApS's liquidity measured by quick ratio was 0.3 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.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20192020202120222023
Volume
Net sales
Gross profit368.62128.0291.00- 202.30414.26
EBIT361.51120.88- 317.19- 715.97- 499.49
Net earnings270.5480.15- 284.77- 604.05- 557.93
Shareholders equity total633.30713.45428.68- 175.37- 733.30
Balance sheet total (assets)879.44963.301 253.861 454.941 518.41
Net debt- 305.50- 486.83- 165.09198.01127.82
Profitability
EBIT-%
ROA47.1 %14.0 %-27.4 %-48.0 %-25.7 %
ROE54.3 %11.9 %-49.9 %-64.1 %-37.5 %
ROI62.3 %17.4 %-52.1 %-183.8 %-213.8 %
Economic value added (EVA)284.6474.55- 266.25- 572.87- 519.16
Solvency
Equity ratio72.0 %74.1 %34.3 %-10.8 %-33.1 %
Gearing16.7 %3.1 %-185.3 %-19.3 %
Relative net indebtedness %
Liquidity
Quick ratio2.22.10.60.60.3
Current ratio3.33.61.41.10.5
Cash and cash equivalents411.34508.86165.09126.9914.05
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBCC

Variable visualization

ROA:-25.7%
Rating: 0/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-33.1%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Companies in the same industry

Build time: 2024-10-21T13:51:17.442Z

Try the full version of our system for free
Bankruptcy risk visualization example

... and more!

No registration needed.