EXPANITE TECHNOLOGY A/S — Credit Rating and Financial Key Figures

CVR number: 32890326
Industrivænget 34, 3400 Hillerød
tel: 27585668

Credit rating

Company information

Official name
EXPANITE TECHNOLOGY A/S
Established
2010
Company form
Limited company
Industry

About EXPANITE TECHNOLOGY A/S

EXPANITE TECHNOLOGY A/S (CVR number: 32890326) is a company from HILLERØD. The company recorded a gross profit of 1252.2 kDKK in 2024. The operating profit was -3799.8 kDKK, while net earnings were -2883 kDKK. The profitability of the company measured by Return on Assets (ROA) was -13.8 %, which can be considered poor and Return on Equity (ROE) was -17.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 96.6 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. EXPANITE TECHNOLOGY A/S's liquidity measured by quick ratio was 14.1 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.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales5 376.231 140.22
Gross profit4 120.394 195.58- 163.53- 379.481 252.20
EBIT- 341.98- 496.11-4 449.53-5 445.24-3 799.77
Net earnings550.82401.88-4 036.78-4 102.50-2 883.00
Shareholders equity total2 785.483 203.6322 157.8318 055.9015 185.25
Balance sheet total (assets)16 225.2816 309.7225 527.0819 503.7115 719.53
Net debt12 721.6912 147.99-9 952.01-4 840.67-2 477.09
Profitability
EBIT-%-9.2 %-390.2 %
ROA5.7 %4.1 %-16.5 %-18.9 %-13.8 %
ROE21.9 %13.4 %-31.8 %-20.4 %-17.3 %
ROI6.0 %4.4 %-17.3 %-19.5 %-14.2 %
Economic value added (EVA)- 916.12-1 132.70-4 971.74-6 482.87-5 224.91
Solvency
Equity ratio17.2 %19.6 %86.8 %92.6 %96.6 %
Gearing457.6 %379.5 %11.0 %5.6 %
Relative net indebtedness %243.6 %-791.8 %
Liquidity
Quick ratio1.60.54.56.214.1
Current ratio1.60.54.56.214.1
Cash and cash equivalents24.2510.0612 397.545 850.712 477.09
Capital use efficiency
Trade debtors turnover (days)
Net working capital %-47.9 %1033.1 %
Credit risk
Credit ratingBBBABBBBBBBBB

Variable visualization

ROA:-13.8%
Rating: 6/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:96.6%
Rating: 78/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Board member

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