XSPANCE ApS — Credit Rating and Financial Key Figures

XSPANCE ApS (CVR number: 33859988) is a company from RINGSTED. The company reported a net sales of 0.1 mDKK in 2017, demonstrating a decline of -3.6 % compared to the previous year. The operating profit percentage was at 53.7 % (EBIT: 0.1 mDKK), while net earnings were 60.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 51.3 %, which can be considered excellent and Return on Equity (ROE) was 62.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 82.9 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. XSPANCE ApS's liquidity measured by quick ratio was 5.9 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.