Express Beton ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 108.26 | 479.01 | 591.17 | 945.59 | 347.11 |
EBIT | 62.49 | 80.45 | 49.03 | 44.47 | - 308.48 |
Net earnings | 47.31 | 50.34 | 34.71 | 23.10 | - 317.98 |
Shareholders equity total | 93.64 | 143.98 | 178.69 | 201.79 | - 116.19 |
Balance sheet total (assets) | 216.62 | 405.84 | 498.76 | 381.23 | 449.50 |
Net debt | -61.66 | - 296.31 | - 381.79 | - 113.64 | - 168.77 |
Profitability | |||||
EBIT-% | |||||
ROA | 28.8 % | 25.8 % | 10.8 % | 10.1 % | -65.1 % |
ROE | 50.5 % | 42.4 % | 21.5 % | 12.1 % | -97.6 % |
ROI | 66.7 % | 67.7 % | 30.4 % | 23.4 % | -305.3 % |
Economic value added (EVA) | 47.79 | 54.54 | 45.19 | 41.78 | - 311.77 |
Solvency | |||||
Equity ratio | 43.2 % | 35.5 % | 45.6 % | 52.9 % | -20.5 % |
Gearing | |||||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.8 | 1.5 | 2.1 | 1.3 | 0.6 |
Current ratio | 1.8 | 1.5 | 1.4 | 1.3 | 0.6 |
Cash and cash equivalents | 61.66 | 296.31 | 381.79 | 113.64 | 168.77 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | BB | BB | C |
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