EXPANITE TECHNOLOGY A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 5 376.23 | 1 140.22 | |||
Gross profit | 4 120.39 | 4 195.58 | - 163.53 | - 379.48 | 1 252.20 |
EBIT | - 341.98 | - 496.11 | -4 449.53 | -5 445.24 | -3 799.77 |
Net earnings | 550.82 | 401.88 | -4 036.78 | -4 102.50 | -2 883.00 |
Shareholders equity total | 2 785.48 | 3 203.63 | 22 157.83 | 18 055.90 | 15 185.25 |
Balance sheet total (assets) | 16 225.28 | 16 309.72 | 25 527.08 | 19 503.71 | 15 719.53 |
Net debt | 12 721.69 | 12 147.99 | -9 952.01 | -4 840.67 | -2 477.09 |
Profitability | |||||
EBIT-% | -9.2 % | -390.2 % | |||
ROA | 5.7 % | 4.1 % | -16.5 % | -18.9 % | -13.8 % |
ROE | 21.9 % | 13.4 % | -31.8 % | -20.4 % | -17.3 % |
ROI | 6.0 % | 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 ratio | 17.2 % | 19.6 % | 86.8 % | 92.6 % | 96.6 % |
Gearing | 457.6 % | 379.5 % | 11.0 % | 5.6 % | |
Relative net indebtedness % | 243.6 % | -791.8 % | |||
Liquidity | |||||
Quick ratio | 1.6 | 0.5 | 4.5 | 6.2 | 14.1 |
Current ratio | 1.6 | 0.5 | 4.5 | 6.2 | 14.1 |
Cash and cash equivalents | 24.25 | 10.06 | 12 397.54 | 5 850.71 | 2 477.09 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | -47.9 % | 1033.1 % | |||
Credit risk | |||||
Credit rating | BBB | A | BBB | BBB | BBB |
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