X-PRESS GROUP ApS — Credit Rating and Financial Key Figures

CVR number: 26903653
Industrivej 50, 7430 Ikast
info@x-pressgroup.com
tel: 96601000

Credit rating

Company information

Official name
X-PRESS GROUP ApS
Personnel
8 persons
Established
2002
Company form
Private limited company
Industry
  • Expand more icon14Manufacture of wearing apparel

About X-PRESS GROUP ApS

X-PRESS GROUP ApS (CVR number: 26903653) is a company from IKAST-BRANDE. The company recorded a gross profit of 2375.5 kDKK in 2023. The operating profit was -1480.6 kDKK, while net earnings were -2468.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -2.6 %, which can be considered poor and Return on Equity (ROE) was -28.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 41.8 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. X-PRESS GROUP ApS's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit6 625.765 500.335 666.324 894.062 375.48
EBIT920.56879.25947.81591.79-1 480.56
Net earnings483.95558.46642.77320.30-2 468.56
Shareholders equity total8 362.558 921.009 563.789 884.087 415.52
Balance sheet total (assets)19 499.6218 044.9117 489.8617 343.3317 731.23
Net debt8 832.065 803.266 076.056 373.638 599.42
Profitability
EBIT-%
ROA4.9 %4.8 %5.4 %3.4 %-2.6 %
ROE6.0 %6.5 %7.0 %3.3 %-28.5 %
ROI5.9 %5.6 %6.2 %3.7 %-14.9 %
Economic value added (EVA)226.93134.24208.74- 114.99-1 857.35
Solvency
Equity ratio42.9 %49.4 %54.7 %57.0 %41.8 %
Gearing107.0 %68.2 %65.4 %64.9 %121.1 %
Relative net indebtedness %
Liquidity
Quick ratio0.80.70.90.80.7
Current ratio1.82.12.52.71.8
Cash and cash equivalents111.70281.42177.9139.06379.70
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAABBB

Variable visualization

ROA:-2.61%
Rating: 17/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:41.8%
Rating: 34/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chief executive officer

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