FlytteBanden ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About FlytteBanden ApS
FlytteBanden ApS (CVR number: 42665630) is a company from AARHUS. The company recorded a gross profit of 213.5 kDKK in 2024. The operating profit was -315.5 kDKK, while net earnings were -317 kDKK. The profitability of the company measured by Return on Assets (ROA) was -26 %, which can be considered poor and Return on Equity (ROE) was -37.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -39.7 %. 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 0.6 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2022 | 2023 | 2024 | |
---|---|---|---|
Volume | |||
Net sales | |||
Gross profit | 374.39 | 696.24 | 213.47 |
EBIT | - 576.98 | 226.38 | - 315.48 |
Net earnings | - 459.57 | 215.61 | - 316.99 |
Shareholders equity total | - 419.57 | - 203.96 | - 520.95 |
Balance sheet total (assets) | 805.98 | 904.20 | 789.66 |
Net debt | 746.49 | - 202.41 | 361.03 |
Profitability | |||
EBIT-% | |||
ROA | -47.1 % | 19.4 % | -26.0 % |
ROE | -57.0 % | 25.2 % | -37.4 % |
ROI | -72.7 % | 57.1 % | -136.0 % |
Economic value added (EVA) | - 453.61 | 208.29 | - 305.24 |
Solvency | |||
Equity ratio | -34.2 % | -18.4 % | -39.7 % |
Gearing | -189.2 % | -88.7 % | |
Relative net indebtedness % | |||
Liquidity | |||
Quick ratio | 0.6 | 0.8 | 0.6 |
Current ratio | 0.6 | 0.8 | 0.6 |
Cash and cash equivalents | 47.17 | 202.41 | 101.00 |
Capital use efficiency | |||
Trade debtors turnover (days) | |||
Net working capital % | |||
Credit risk | |||
Credit rating | B | BB | B |
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