X VENTURES ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About X VENTURES ApS
X VENTURES ApS (CVR number: 21464988) is a company from HOLSTEBRO. The company recorded a gross profit of -14.9 kDKK in 2023. The operating profit was -14.9 kDKK, while net earnings were 2977 kDKK. The profitability of the company measured by Return on Assets (ROA) was 23.7 %, which can be considered excellent and Return on Equity (ROE) was 22.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 99.9 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. X VENTURES ApS's liquidity measured by quick ratio was 282.9 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 financials2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | -10.63 | -12.04 | -13.15 | -14.10 | -14.91 |
| EBIT | -10.63 | -12.04 | -13.15 | -14.10 | -14.91 |
| Net earnings | 1 391.48 | 2 763.51 | 3 959.67 | 4 163.86 | 2 976.96 |
| Shareholders equity total | 4 735.53 | 6 549.04 | 9 008.71 | 12 172.57 | 13 899.53 |
| Balance sheet total (assets) | 4 840.28 | 6 567.45 | 9 027.01 | 12 282.02 | 13 919.72 |
| Net debt | - 515.38 | - 434.87 | - 479.75 | - 153.21 | - 129.37 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 32.4 % | 48.8 % | 51.3 % | 39.3 % | 23.7 % |
| ROE | 32.1 % | 49.0 % | 50.9 % | 39.3 % | 22.8 % |
| ROI | 32.9 % | 49.3 % | 51.4 % | 39.5 % | 23.8 % |
| Economic value added (EVA) | 37.89 | 118.87 | 157.89 | 213.55 | 175.50 |
| Solvency | |||||
| Equity ratio | 97.8 % | 99.7 % | 99.8 % | 99.1 % | 99.9 % |
| Gearing | |||||
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 14.7 | 81.5 | 117.6 | 33.7 | 282.9 |
| Current ratio | 14.7 | 81.5 | 117.6 | 33.7 | 282.9 |
| Cash and cash equivalents | 515.38 | 434.87 | 479.75 | 153.21 | 129.37 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | AA | AA | AA | AA | AA |
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