Express Multirens ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2021 | 2022 | 2023 | |
|---|---|---|---|
| Volume | |||
| Net sales | |||
| Gross profit | -65.02 | 198.01 | 208.08 |
| EBIT | -79.07 | 93.73 | -25.13 |
| Net earnings | -63.05 | 72.74 | -19.75 |
| Shareholders equity total | 16.95 | 89.68 | 69.93 |
| Balance sheet total (assets) | 132.71 | 110.83 | 89.78 |
| Net debt | 62.30 | -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) | -62.36 | 66.98 | -24.14 |
| Solvency | |||
| Equity ratio | 12.8 % | 80.9 % | 77.9 % |
| Gearing | 606.4 % | ||
| Relative net indebtedness % | |||
| Liquidity | |||
| Quick ratio | 0.5 | 2.5 | 2.3 |
| Current ratio | 0.5 | 2.5 | 2.3 |
| Cash and cash equivalents | 40.45 | 49.23 | 35.09 |
| Capital use efficiency | |||
| Trade debtors turnover (days) | |||
| Net working capital % | |||
| Credit risk | |||
| Credit rating | BB | B | BB |
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