Express Multirens ApS — Credit Rating and Financial Key Figures

CVR number: 41799536
Bakkegården 44, 4000 Roskilde
kontakt@expressmultirens.dk
tel: 93864060
www.expressmultirens.dk
Free credit report Annual report

Company information

Official name
Express Multirens ApS
Personnel
1 person
Established
2020
Company form
Private limited company
Industry

About Express Multirens ApS

Express Multirens ApS (CVR number: 41799536) is a company from ROSKILDE. The company recorded a gross profit of 208.1 kDKK in 2023. The operating profit was -25.1 kDKK, while net earnings were -19.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was -25.1 %, which can be considered poor and Return on Equity (ROE) was -24.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 77.9 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. Express Multirens ApS's liquidity measured by quick ratio was 2.3 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
2021
2022
2023
Volume
Net sales
Gross profit-65.02198.01208.08
EBIT-79.0793.73-25.13
Net earnings-63.0572.74-19.75
Shareholders equity total16.9589.6869.93
Balance sheet total (assets)132.71110.8389.78
Net debt62.30-49.23-35.09
Profitability
EBIT-%
ROA-59.6 %77.0 %-25.1 %
ROE-372.1 %136.4 %-24.7 %
ROI-66.1 %89.5 %-31.5 %
Economic value added (EVA)-62.3666.98-24.14
Solvency
Equity ratio12.8 %80.9 %77.9 %
Gearing606.4 %
Relative net indebtedness %
Liquidity
Quick ratio0.52.52.3
Current ratio0.52.52.3
Cash and cash equivalents40.4549.2335.09
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBB

Variable visualization

ROA:-25.1%
Rating: 0/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:77.9%
Rating: 58/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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