BidX ApS — Credit Rating and Financial Key Figures

CVR number: 38351524
Livjægergade 12, 2100 København Ø
heb@bidexcellence.dk
tel: 50699177
http://www.bidexcellence.dk

Credit rating

Company information

Official name
BidX ApS
Personnel
2 persons
Established
2017
Company form
Private limited company
Industry
  • Expand more icon622000

About BidX ApS

BidX ApS (CVR number: 38351524) is a company from KØBENHAVN. The company reported a net sales of 2.4 mDKK in 2024, demonstrating a decline of -8.2 % compared to the previous year. The operating profit percentage was poor at -0.3 % (EBIT: -0 mDKK), while net earnings were -1.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -0.5 %, which can be considered poor and Return on Equity (ROE) was -1.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 20.7 %, 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. BidX ApS's liquidity measured by quick ratio was 1.3 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 financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales1 836.972 035.692 390.642 634.442 418.63
Gross profit1 130.061 983.982 350.232 574.562 319.65
EBIT387.1656.4860.2711.59-8.26
Net earnings335.2393.7991.9015.02-1.24
Shareholders equity total1 266.431 360.221 452.1265.0263.77
Balance sheet total (assets)2 112.461 612.101 820.65367.78307.70
Net debt- 143.19-40.90- 121.44-32.80- 210.72
Profitability
EBIT-%21.1 %2.8 %2.5 %0.4 %-0.3 %
ROA25.1 %6.5 %7.0 %1.8 %-0.5 %
ROE30.5 %7.1 %6.5 %2.0 %-1.9 %
ROI39.6 %9.3 %8.5 %2.6 %-2.5 %
Economic value added (EVA)263.01-12.44-19.49-57.84-9.88
Solvency
Equity ratio72.0 %84.4 %79.8 %17.7 %20.7 %
Gearing
Relative net indebtedness %38.3 %10.4 %10.3 %10.2 %1.4 %
Liquidity
Quick ratio4.36.44.91.21.3
Current ratio2.56.44.91.21.3
Cash and cash equivalents143.1940.90121.4432.80210.72
Capital use efficiency
Trade debtors turnover (days)32.128.323.626.2
Net working capital %68.9 %66.8 %60.7 %2.5 %2.6 %
Credit risk
Credit ratingBBBBBBBBBBB

Variable visualization

ROA:-0.47%
Rating: 20/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:20.7%
Rating: 20/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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