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PROP EXPRESS SCANDINAVIA ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About PROP EXPRESS SCANDINAVIA ApS
PROP EXPRESS SCANDINAVIA ApS (CVR number: 31283892) is a company from HERNING. The company recorded a gross profit of 5638 kDKK in 2024. The operating profit was 1440.9 kDKK, while net earnings were -715.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.7 %, which can be considered weak but Return on Equity (ROE) was -61.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 23.2 %, 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. PROP EXPRESS SCANDINAVIA ApS's liquidity measured by quick ratio was 0.8 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | 1 178.08 | 2 181.10 | 2 324.65 | 3 971.25 | 5 637.97 |
| EBIT | 451.70 | 1 279.30 | 637.44 | 1 211.81 | 1 440.91 |
| Net earnings | 207.63 | 875.61 | 118.68 | 75.99 | - 715.27 |
| Shareholders equity total | 492.05 | 1 327.83 | 1 446.50 | 1 522.50 | 791.59 |
| Balance sheet total (assets) | 10 763.84 | 11 444.68 | 17 797.74 | 24 018.98 | 21 636.08 |
| Net debt | 9 260.19 | 8 865.37 | 15 539.41 | 20 125.62 | 18 816.00 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 4.7 % | 11.5 % | 4.4 % | 6.7 % | 2.7 % |
| ROE | 53.5 % | 96.2 % | 8.6 % | 5.1 % | -61.8 % |
| ROI | 4.9 % | 12.1 % | 4.5 % | 7.2 % | 2.9 % |
| Economic value added (EVA) | -93.62 | 484.54 | -87.56 | 168.36 | -66.82 |
| Solvency | |||||
| Equity ratio | 4.6 % | 11.6 % | 31.4 % | 23.9 % | 23.2 % |
| Gearing | 1923.3 % | 709.2 % | 1079.0 % | 1322.8 % | 2397.7 % |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 0.1 | 0.2 | 0.4 | 0.3 | 0.8 |
| Current ratio | 0.1 | 0.2 | 0.5 | 0.5 | 1.0 |
| Cash and cash equivalents | 203.26 | 551.02 | 67.73 | 13.74 | 163.82 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BB | BBB | BBB | BB | BB |
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