Express Beton ApS — Credit Rating and Financial Key Figures

CVR number: 40390979
Cikorievej 21, 5220 Odense SØ
kontakt@expressbeton.dk

Credit rating

Company information

Official name
Express Beton ApS
Personnel
1 person
Established
2019
Company form
Private limited company
Industry
  • Expand more icon681200

About Express Beton ApS

Express Beton ApS (CVR number: 40390979) is a company from ODENSE. The company recorded a gross profit of 347.1 kDKK in 2023. The operating profit was -308.5 kDKK, while net earnings were -318 kDKK. The profitability of the company measured by Return on Assets (ROA) was -65.1 %, which can be considered poor and Return on Equity (ROE) was -97.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -20.5 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Express Beton ApS's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20192020202120222023
Volume
Net sales
Gross profit108.26479.01591.17945.59347.11
EBIT62.4980.4549.0344.47- 308.48
Net earnings47.3150.3434.7123.10- 317.98
Shareholders equity total93.64143.98178.69201.79- 116.19
Balance sheet total (assets)216.62405.84498.76381.23449.50
Net debt-61.66- 296.31- 381.79- 113.64- 168.77
Profitability
EBIT-%
ROA28.8 %25.8 %10.8 %10.1 %-65.1 %
ROE50.5 %42.4 %21.5 %12.1 %-97.6 %
ROI66.7 %67.7 %30.4 %23.4 %-305.3 %
Economic value added (EVA)47.7954.5445.1941.78- 311.77
Solvency
Equity ratio43.2 %35.5 %45.6 %52.9 %-20.5 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio1.81.52.11.30.6
Current ratio1.81.51.41.30.6
Cash and cash equivalents61.66296.31381.79113.64168.77
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBC

Variable visualization

ROA:-65.1%
Rating: 0/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-20.5%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Companies in the same industry

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