EXPAND IDEAS ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About EXPAND IDEAS ApS
EXPAND IDEAS ApS (CVR number: 32942873) is a company from STEVNS. The company recorded a gross profit of -4 kDKK in 2024, demonstrating a growth of 23.6 % compared to the previous year. The operating profit was -4 kDKK, while net earnings were -4 kDKK. The profitability of the company measured by Return on Assets (ROA) was -0.6 %, which can be considered poor and Return on Equity (ROE) was -0.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 79.8 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. EXPAND IDEAS ApS's liquidity measured by quick ratio was 2 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 financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | 65.80 | -5.21 | |||
| Gross profit | 62.76 | -1.94 | -2.72 | -5.21 | -3.98 |
| EBIT | 62.76 | -1.94 | -2.72 | -5.21 | -3.98 |
| Net earnings | 189.47 | -3.03 | -3.83 | -5.21 | -3.98 |
| Shareholders equity total | 552.34 | 562.38 | 505.80 | 499.25 | 549.90 |
| Balance sheet total (assets) | 566.22 | 576.25 | 647.90 | 641.90 | 689.07 |
| Net debt | - 147.15 | - 146.06 | -36.72 | -0.07 | 1.95 |
| Profitability | |||||
| EBIT-% | 95.4 % | ||||
| ROA | -12.1 % | -0.3 % | -0.4 % | -0.8 % | -0.6 % |
| ROE | 37.1 % | -0.5 % | -0.7 % | -1.0 % | -0.8 % |
| ROI | 37.0 % | -0.3 % | -0.5 % | -0.8 % | -0.6 % |
| Economic value added (EVA) | 39.65 | -29.69 | -30.98 | -37.06 | -35.61 |
| Solvency | |||||
| Equity ratio | 97.5 % | 97.6 % | 78.1 % | 77.8 % | 79.8 % |
| Gearing | 25.4 % | 26.1 % | 22.7 % | ||
| Relative net indebtedness % | -202.6 % | -237.6 % | |||
| Liquidity | |||||
| Quick ratio | 12.0 | 11.8 | 2.0 | 2.0 | 2.0 |
| Current ratio | 12.0 | 11.8 | 2.0 | 2.0 | 2.0 |
| Cash and cash equivalents | 147.15 | 146.06 | 164.95 | 130.28 | 122.82 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | 231.9 % | -2700.0 % | |||
| Credit risk | |||||
| Credit rating | BBB | BBB | BBB | BBB | BBB |
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