Flex Finans ApS — Credit Rating and Financial Key Figures

Flex Finans ApS (CVR number: 40693238) is a company from THISTED. The company recorded a gross profit of 2.3 kDKK in 2020. The operating profit was 2.3 kDKK, while net earnings were 1.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.3 %, which can be considered weak and Return on Equity (ROE) was 3.1 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 50.4 %, 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 Finans ApS's liquidity measured by quick ratio was 1.2 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.