X+CO ApS

CVR number: 35033777
Hyskenstræde 10, 1207 København K

Credit rating

Company information

Official name
X+CO ApS
Established
2013
Company form
Private limited company
Industry
  • Expand more icon85Education

About X+CO ApS

X+CO ApS (CVR number: 35033777) is a company from KØBENHAVN. The company reported a net sales of 3.1 mDKK in 2023, demonstrating a growth of 4.6 % compared to the previous year. The operating profit percentage was at 0.2 % (EBIT: 0 mDKK), while net earnings were 2.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.7 %, which can be considered weak and Return on Equity (ROE) was 3.5 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 6.7 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. X+CO ApS's liquidity measured by quick ratio was 1 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

Financial information

See financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20192020202120222023
Volume
Net sales2 584.422 082.853 002.693 142.04
Gross profit5.505.760.857.05
EBIT5.5028.475.760.857.05
Net earnings-1.2319.230.131.082.93
Shareholders equity total79.6298.8680.1381.2184.15
Balance sheet total (assets)648.59811.88947.91722.081 256.08
Net debt66.8319.5244.4188.55302.16
Profitability
EBIT-%0.2 %0.3 %0.0 %0.2 %
ROA0.8 %3.9 %0.7 %0.4 %0.7 %
ROE-1.5 %21.6 %0.1 %1.3 %3.5 %
ROI0.8 %4.1 %0.7 %0.4 %0.8 %
Economic value added (EVA)30.1041.5532.4237.3021.74
Solvency
Equity ratio12.3 %12.2 %8.5 %11.2 %6.7 %
Gearing703.8 %656.3 %1060.5 %619.1 %1201.0 %
Relative net indebtedness %2.9 %3.0 %7.5 %14.8 %
Liquidity
Quick ratio1.11.11.01.11.0
Current ratio1.11.11.01.11.0
Cash and cash equivalents493.55629.30805.38414.26708.44
Capital use efficiency
Trade debtors turnover (days)15.917.532.058.4
Net working capital %1.4 %1.8 %1.3 %1.3 %
Credit risk
Credit ratingBBBBBBBB

Variable visualization

ROA:0.71%
Rating: 24/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:6.70%
Rating: 7/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chief executive officer

Companies in the same industry

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