Expand ApS — Credit Rating and Financial Key Figures

Expand ApS (CVR number: 37417351) is a company from DRAGØR. The company recorded a gross profit of 1369.5 kDKK in 2023. The operating profit was 107.4 kDKK, while net earnings were 81.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 13.6 %, which can be considered good but Return on Equity (ROE) was 19.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 59 %, 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. Expand ApS's liquidity measured by quick ratio was 2.1 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.