Flair Flytteforretning ApS — Credit Rating and Financial Key Figures

CVR number: 39688034
Oliefabriksvej 61, 2770 Kastrup
info@flairflyt.dk
www.flairflyt.dk

Credit rating

Company information

Official name
Flair Flytteforretning ApS
Personnel
5 persons
Established
2018
Company form
Private limited company
Industry
  • Expand more icon49Land transport and transport via pipelines

About Flair Flytteforretning ApS

Flair Flytteforretning ApS (CVR number: 39688034) is a company from TÅRNBY. The company recorded a gross profit of 2823.8 kDKK in 2020. The operating profit was -413.3 kDKK, while net earnings were -426.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -22.7 %, which can be considered poor and Return on Equity (ROE) was -146.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 2.4 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. Flair Flytteforretning ApS's liquidity measured by quick ratio was 1 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2018
2019
2020
Volume
Net sales
Gross profit2 484.734 348.632 823.80
EBIT292.86304.04- 413.34
Net earnings240.70224.33- 426.78
Shareholders equity total317.07541.4139.63
Balance sheet total (assets)931.591 987.231 646.53
Net debt38.10188.63183.11
Profitability
EBIT-%
ROA31.5 %20.8 %-22.7 %
ROE75.9 %52.3 %-146.9 %
ROI70.1 %52.9 %-86.4 %
Economic value added (EVA)241.13222.26- 441.23
Solvency
Equity ratio34.0 %27.2 %2.4 %
Gearing31.5 %34.8 %462.0 %
Relative net indebtedness %
Liquidity
Quick ratio1.41.31.0
Current ratio1.41.31.0
Cash and cash equivalents61.90
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBB

Variable visualization

ROA:-22.7%
Rating: 0/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:2.41%
Rating: 3/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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