X VENTURES ApS — Credit Rating and Financial Key Figures

CVR number: 21464988
Skovvikken 2, Mejrup 7500 Holstebro
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Company information

Official name
X VENTURES ApS
Established
1999
Domicile
Mejrup
Company form
Private limited company
Industry

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
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 earnings1 391.482 763.513 959.674 163.862 976.96
Shareholders equity total4 735.536 549.049 008.7112 172.5713 899.53
Balance sheet total (assets)4 840.286 567.459 027.0112 282.0213 919.72
Net debt- 515.38- 434.87- 479.75- 153.21- 129.37
Profitability
EBIT-%
ROA32.4 %48.8 %51.3 %39.3 %23.7 %
ROE32.1 %49.0 %50.9 %39.3 %22.8 %
ROI32.9 %49.3 %51.4 %39.5 %23.8 %
Economic value added (EVA)37.89118.87157.89213.55175.50
Solvency
Equity ratio97.8 %99.7 %99.8 %99.1 %99.9 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio14.781.5117.633.7282.9
Current ratio14.781.5117.633.7282.9
Cash and cash equivalents515.38434.87479.75153.21129.37
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAAAAA

Variable visualization

ROA:23.7%
Rating: 80/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:99.9%
Rating: 98/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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