FlytteBanden ApS — Credit Rating and Financial Key Figures

CVR number: 42665630
Apisvej 22, 8381 Tilst

Credit rating

Company information

Official name
FlytteBanden ApS
Personnel
8 persons
Established
2021
Company form
Private limited company
Industry
  • Expand more icon49Land transport and transport via pipelines

About FlytteBanden ApS

FlytteBanden ApS (CVR number: 42665630) is a company from AARHUS. The company recorded a gross profit of 696.2 kDKK in 2023. The operating profit was 226.4 kDKK, while net earnings were 215.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 19.4 %, which can be considered excellent and Return on Equity (ROE) was 25.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at -18.4 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. FlytteBanden ApS's liquidity measured by quick ratio was 0.8 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20222023
Volume
Net sales
Gross profit374.39696.24
EBIT- 576.98226.38
Net earnings- 459.57215.61
Shareholders equity total- 419.57- 203.96
Balance sheet total (assets)805.98904.20
Net debt746.49- 202.41
Profitability
EBIT-%
ROA-47.1 %19.4 %
ROE-57.0 %25.2 %
ROI-72.7 %57.1 %
Economic value added (EVA)- 453.61250.54
Solvency
Equity ratio-34.2 %-18.4 %
Gearing-189.2 %
Relative net indebtedness %
Liquidity
Quick ratio0.60.8
Current ratio0.60.8
Cash and cash equivalents47.17202.41
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBB

Variable visualization

ROA:19.4%
Rating: 73/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-18.4%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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