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
2019
2020
2021
2022
2023
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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