X-YACHTS A/S — Credit Rating and Financial Key Figures

CVR number: 24260615
Fjordagervej 21, 6100 Haderslev
tel: 74530397

Credit rating

Company information

Official name
X-YACHTS A/S
Personnel
114 persons
Established
1964
Company form
Limited company
Industry

About X-YACHTS A/S

X-YACHTS A/S (CVR number: 24260615) is a company from HADERSLEV. The company reported a net sales of 217.5 mDKK in 2024, demonstrating a growth of 1.8 % compared to the previous year. The operating profit percentage was poor at -19 % (EBIT: -41.3 mDKK), while net earnings were -32.4 mDKK. The profitability of the company measured by Return on Assets (ROA) was -13.2 %, which can be considered poor and Return on Equity (ROE) was -24.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 74.4 %, 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. X-YACHTS A/S's liquidity measured by quick ratio was 1.9 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 financials

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales281.46308.59213.61217.51
Gross profit19.8832.2826.54-13.24-16.81
EBIT-0.379.353.75-39.44-41.34
Net earnings3.049.510.25-41.60-32.41
Shareholders equity total57.0866.3366.3775.69187.96
Balance sheet total (assets)179.59241.34276.13269.83269.24
Net debt49.8466.89155.26134.8226.21
Profitability
EBIT-%3.3 %1.2 %-18.5 %-19.0 %
ROA2.5 %5.5 %1.4 %-13.8 %-13.2 %
ROE5.5 %15.4 %0.4 %-58.6 %-24.6 %
ROI3.6 %8.9 %1.9 %-17.0 %-16.3 %
Economic value added (EVA)-7.362.77-4.44-47.70-47.26
Solvency
Equity ratio36.4 %31.5 %25.2 %30.3 %74.4 %
Gearing87.8 %109.7 %235.3 %180.2 %15.8 %
Relative net indebtedness %57.5 %65.8 %88.7 %33.6 %
Liquidity
Quick ratio0.60.70.50.61.9
Current ratio0.80.90.80.92.1
Cash and cash equivalents0.315.840.911.573.52
Capital use efficiency
Trade debtors turnover (days)4.29.99.729.3
Net working capital %-8.0 %-10.8 %-9.9 %40.1 %
Credit risk
Credit ratingAAAAABBBBBB

Variable visualization

ROA:-13.2%
Rating: 7/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:74.4%
Rating: 56/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Board member
Chairman of the board

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