B2 Express ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About B2 Express ApS
B2 Express ApS (CVR number: 39765454) is a company from IKAST-BRANDE. The company recorded a gross profit of 0 kDKK in 2023. The operating profit was 120.1 kDKK, while net earnings were 99.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 14.6 %, which can be considered good but Return on Equity (ROE) was 29 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 49.5 %, 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. B2 Express ApS's liquidity measured by quick ratio was 1.6 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.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 3 401.61 | 1 282.57 | |||
EBIT | 395.01 | - 103.25 | 68.81 | 0.10 | 120.06 |
Net earnings | 290.25 | - 108.65 | 64.15 | -2.87 | 99.50 |
Shareholders equity total | 340.25 | 231.59 | 295.74 | 292.87 | 392.37 |
Balance sheet total (assets) | 1 336.46 | 1 053.43 | 1 380.41 | 862.11 | 792.20 |
Net debt | - 890.43 | - 718.06 | - 879.60 | - 457.89 | - 486.64 |
Profitability | |||||
EBIT-% | |||||
ROA | 29.6 % | -8.6 % | 5.7 % | 0.0 % | 14.6 % |
ROE | 85.3 % | -38.0 % | 24.3 % | -1.0 % | 29.0 % |
ROI | 114.7 % | -35.3 % | 25.6 % | 0.0 % | 35.1 % |
Economic value added (EVA) | 290.83 | -75.39 | 93.67 | 29.49 | 107.43 |
Solvency | |||||
Equity ratio | 25.5 % | 22.0 % | 21.4 % | 34.0 % | 49.5 % |
Gearing | 1.2 % | 3.6 % | 0.3 % | 0.2 % | |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.1 | 1.2 | 1.0 | 1.2 | 1.6 |
Current ratio | 1.1 | 1.2 | 1.0 | 1.2 | 1.6 |
Cash and cash equivalents | 894.53 | 726.48 | 880.61 | 457.89 | 487.31 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BBB |
Variable visualization
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