BILLED-EXPRESSEN ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About BILLED-EXPRESSEN ApS
BILLED-EXPRESSEN ApS (CVR number: 34228663) is a company from ODDER. The company recorded a gross profit of 247.2 kDKK in 2023. The operating profit was -14 kDKK, while net earnings were 84.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 23.3 %, which can be considered excellent and Return on Equity (ROE) was 29.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 50.8 %, 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. BILLED-EXPRESSEN ApS's liquidity measured by quick ratio was 2 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 | 2 615.39 | ||||
Gross profit | 550.46 | 766.89 | 288.15 | 459.00 | 247.21 |
EBIT | 14.60 | 593.89 | 94.78 | 163.87 | -13.96 |
Net earnings | 3.58 | 464.00 | 235.81 | 253.21 | 84.17 |
Shareholders equity total | 118.26 | 582.27 | 816.26 | 369.46 | 200.43 |
Balance sheet total (assets) | 664.70 | 822.76 | 1 082.36 | 569.87 | 394.72 |
Net debt | 36.43 | - 486.67 | -1 074.99 | - 204.47 | - 309.07 |
Profitability | |||||
EBIT-% | 0.6 % | ||||
ROA | 2.2 % | 79.7 % | 33.4 % | 41.0 % | 23.3 % |
ROE | 3.1 % | 132.5 % | 33.7 % | 42.7 % | 29.5 % |
ROI | 3.0 % | 112.7 % | 45.5 % | 57.1 % | 39.5 % |
Economic value added (EVA) | 4.81 | 474.92 | 68.65 | 140.38 | -19.10 |
Solvency | |||||
Equity ratio | 17.8 % | 70.8 % | 75.4 % | 64.8 % | 50.8 % |
Gearing | 296.6 % | ||||
Relative net indebtedness % | 8.9 % | ||||
Liquidity | |||||
Quick ratio | 1.2 | 2.0 | 4.1 | 2.8 | 2.0 |
Current ratio | 1.2 | 3.4 | 4.1 | 2.8 | 2.0 |
Cash and cash equivalents | 314.29 | 486.67 | 1 074.99 | 204.47 | 309.07 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | 4.0 % | ||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BBB |
Variable visualization
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