FLEXVOGNE INVEST ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About FLEXVOGNE INVEST ApS
FLEXVOGNE INVEST ApS (CVR number: 30084276) is a company from HJØRRING. The company recorded a gross profit of -16.2 kDKK in 2020. The operating profit was -16.2 kDKK, while net earnings were 4280.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 15.6 %, which can be considered excellent and Return on Equity (ROE) was 27.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 57 %, 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. FLEXVOGNE INVEST ApS's liquidity measured by quick ratio was 2.3 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.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2016 | 2017 | 2018 | 2019 | 2020 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -14.63 | -16.32 | -16.16 | ||
EBIT | -14.63 | -16.24 | -17.35 | -16.32 | -16.16 |
Net earnings | 768.56 | 1 960.20 | -2 740.39 | 5 150.77 | 4 280.60 |
Shareholders equity total | 9 244.63 | 11 204.83 | 8 464.44 | 13 615.21 | 17 895.81 |
Balance sheet total (assets) | 31 826.16 | 32 446.18 | 25 690.13 | 27 787.15 | 31 389.89 |
Net debt | -9 110.41 | -10 960.15 | -8 147.78 | -13 466.14 | -17 826.01 |
Profitability | |||||
EBIT-% | |||||
ROA | 3.3 % | 7.7 % | -7.9 % | 20.6 % | 15.6 % |
ROE | 8.3 % | 19.2 % | -27.9 % | 46.7 % | 27.2 % |
ROI | 3.3 % | 7.8 % | -7.9 % | 20.7 % | 15.7 % |
Economic value added (EVA) | -14.63 | 1 109.42 | 1 036.38 | 832.07 | 682.48 |
Solvency | |||||
Equity ratio | 29.0 % | 34.5 % | 32.9 % | 49.0 % | 57.0 % |
Gearing | 243.8 % | 189.3 % | 203.2 % | 103.2 % | 74.5 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.4 | 1.5 | 1.5 | 2.0 | 2.3 |
Current ratio | 1.4 | 1.5 | 1.5 | 2.0 | 2.3 |
Cash and cash equivalents | 31 645.93 | 32 176.26 | 25 347.84 | 27 518.47 | 31 153.52 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | BBB | BBB | BBB | BBB |
Variable visualization
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