LearnX ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About LearnX ApS
LearnX ApS (CVR number: 39981351) is a company from ODENSE. The company recorded a gross profit of 3661.9 kDKK in 2023. The operating profit was -1030.1 kDKK, while net earnings were -863.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -11.2 %, which can be considered poor and Return on Equity (ROE) was -14.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -6.8 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. LearnX ApS's liquidity measured by quick ratio was 1.8 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | - 704.11 | -7.82 | 1 865.63 | 5 313.00 | 3 661.95 |
EBIT | - 809.80 | - 556.86 | - 763.46 | 2 795.62 | -1 030.13 |
Net earnings | - 637.06 | - 450.64 | - 646.12 | 2 114.80 | - 863.62 |
Shareholders equity total | - 587.06 | -1 037.70 | -1 683.82 | 430.98 | - 432.64 |
Balance sheet total (assets) | 337.34 | 260.65 | 6 543.24 | 6 400.99 | 11 583.17 |
Net debt | 894.92 | 983.14 | 4 068.03 | 1 950.23 | 4 762.25 |
Profitability | |||||
EBIT-% | |||||
ROA | -87.6 % | -50.1 % | -16.0 % | 38.2 % | -11.2 % |
ROE | -188.8 % | -150.7 % | -19.0 % | 60.6 % | -14.4 % |
ROI | -88.2 % | -54.7 % | -26.9 % | 75.5 % | -27.0 % |
Economic value added (EVA) | - 632.19 | - 403.70 | - 536.67 | 2 288.87 | - 803.51 |
Solvency | |||||
Equity ratio | -63.5 % | -79.9 % | -25.1 % | 6.7 % | -6.8 % |
Gearing | -156.4 % | -107.6 % | -270.8 % | 561.8 % | -1100.7 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.4 | 0.2 | 1.0 | 1.1 | 1.8 |
Current ratio | 0.4 | 0.2 | 0.8 | 1.1 | 0.9 |
Cash and cash equivalents | 22.98 | 133.54 | 490.95 | 471.13 | |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | BB | BBB | B |
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