SOFT XPRESS INTERNATIONAL ApS - MGV — Credit Rating and Financial Key Figures

CVR number: 25288556
Karen Blixens Vej 76, 7430 Ikast
tel: 70222055

Credit rating

Company information

Official name
SOFT XPRESS INTERNATIONAL ApS - MGV
Personnel
2 persons
Established
2000
Company form
Private limited company
Industry

About SOFT XPRESS INTERNATIONAL ApS - MGV

SOFT XPRESS INTERNATIONAL ApS - MGV (CVR number: 25288556) is a company from IKAST-BRANDE. The company recorded a gross profit of -5.5 kDKK in 2023. The operating profit was -947.3 kDKK, while net earnings were -1022.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was -10.4 %, which can be considered poor and Return on Equity (ROE) was -183.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -93.6 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. SOFT XPRESS INTERNATIONAL ApS - MGV's liquidity measured by quick ratio was 0.1 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

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 profit- 183.56-11.89-16.7048.90-5.52
EBIT- 649.63- 825.95- 550.59- 690.97- 947.34
Net earnings- 646.12-2 881.77- 706.56- 419.58-1 022.36
Shareholders equity total-3 919.06-6 800.83-7 507.39-7 926.97-8 949.33
Balance sheet total (assets)2 392.79496.54483.48503.96611.56
Net debt6 048.096 839.277 639.457 946.018 878.16
Profitability
EBIT-%
ROA-11.0 %-12.1 %-7.2 %-8.4 %-10.4 %
ROE-27.8 %-199.5 %-144.2 %-85.0 %-183.3 %
ROI-11.2 %-12.3 %-7.3 %-8.6 %-10.6 %
Economic value added (EVA)- 347.39- 380.92- 169.45- 101.97- 423.12
Solvency
Equity ratio-62.1 %-93.2 %-93.9 %-94.0 %-93.6 %
Gearing-158.6 %-105.3 %-104.7 %-104.4 %-105.0 %
Relative net indebtedness %
Liquidity
Quick ratio0.30.00.00.00.1
Current ratio0.40.00.00.00.1
Cash and cash equivalents165.62325.00221.27330.87522.65
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBB

Variable visualization

ROA:-10.4%
Rating: 10/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-93.6%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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