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AB24 Flex ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About AB24 Flex ApS
AB24 Flex ApS (CVR number: 44456494) is a company from HERNING. The company reported a net sales of 1.3 mDKK in 2025, demonstrating a growth of 291.8 % compared to the previous year. The operating profit percentage was at 13.2 % (EBIT: 0.2 mDKK), while net earnings were 136.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 56.1 %, which can be considered excellent and Return on Equity (ROE) was 101.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 36.7 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. AB24 Flex 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.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2024 | 2025 | |
|---|---|---|
| Volume | ||
| Net sales | 338.93 | 1 327.90 |
| Gross profit | 112.68 | 637.47 |
| EBIT | 61.73 | 174.65 |
| Net earnings | 47.77 | 136.23 |
| Shareholders equity total | 87.77 | 181.06 |
| Balance sheet total (assets) | 128.95 | 493.78 |
| Net debt | -6.53 | -17.60 |
| Profitability | ||
| EBIT-% | 18.2 % | 13.2 % |
| ROA | 47.9 % | 56.1 % |
| ROE | 54.4 % | 101.4 % |
| ROI | 70.3 % | 129.9 % |
| Economic value added (EVA) | 47.77 | 131.82 |
| Solvency | ||
| Equity ratio | 68.1 % | 36.7 % |
| Gearing | ||
| Relative net indebtedness % | 10.2 % | 22.2 % |
| Liquidity | ||
| Quick ratio | 2.5 | 1.2 |
| Current ratio | 2.5 | 1.2 |
| Cash and cash equivalents | 6.53 | 17.60 |
| Capital use efficiency | ||
| Trade debtors turnover (days) | 41.1 | |
| Net working capital % | 18.5 % | 3.7 % |
| Credit risk | ||
| Credit rating | BB | B |
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