EXPEDITORS DENMARK ApS — Credit Rating and Financial Key Figures

CVR number: 33879431
Arne Jacobsens Allé 7, 2300 København S

Credit rating

Company information

Official name
EXPEDITORS DENMARK ApS
Personnel
20 persons
Established
2011
Company form
Private limited company
Industry

About EXPEDITORS DENMARK ApS

EXPEDITORS DENMARK ApS (CVR number: 33879431) is a company from KØBENHAVN. The company recorded a gross profit of 19.3 mDKK in 2023. The operating profit was 1570.4 kDKK, while net earnings were 1325.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 10.6 %, which can be considered good and Return on Equity (ROE) was 12.4 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at -35.7 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. EXPEDITORS DENMARK ApS's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.

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 profit11 328.1911 188.797 957.6214 463.8219 333.26
EBIT691.09- 705.36-4 320.55-1 676.431 570.44
Net earnings98.05- 741.10-5 048.34-2 286.501 325.28
Shareholders equity total277.05- 464.05-5 512.39-7 798.91-6 473.64
Balance sheet total (assets)15 671.3021 310.548 084.829 700.9311 638.32
Net debt-1 181.114 624.375 829.357 158.275 887.59
Profitability
EBIT-%
ROA4.3 %-3.3 %-24.4 %-10.8 %10.6 %
ROE43.0 %-6.9 %-34.3 %-25.7 %12.4 %
ROI10.0 %-6.8 %-44.9 %-17.8 %18.3 %
Economic value added (EVA)823.06- 377.78-4 089.39-1 262.512 110.62
Solvency
Equity ratio1.8 %-2.1 %-40.5 %-44.6 %-35.7 %
Gearing2026.8 %-1887.9 %-155.2 %-129.6 %-162.2 %
Relative net indebtedness %
Liquidity
Quick ratio1.01.00.50.50.6
Current ratio1.01.00.50.50.6
Cash and cash equivalents6 796.194 136.212 724.892 950.974 610.95
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBB

Variable visualization

ROA:10.6%
Rating: 59/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-35.7%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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