XERO DENMARK A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About XERO DENMARK A/S
XERO DENMARK A/S (CVR number: 42690562) is a company from KØBENHAVN. The company recorded a gross profit of 0 kDKK in 2023. The operating profit was 51.7 kDKK, while net earnings were 13.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.7 %, which can be considered decent but Return on Equity (ROE) was 2.4 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 51.1 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. XERO DENMARK A/S's liquidity measured by quick ratio was 2 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 financials2021 | 2022 | 2023 | |
---|---|---|---|
Volume | |||
Net sales | |||
Gross profit | -30.00 | 267.53 | |
EBIT | -30.00 | 267.53 | 51.70 |
Net earnings | -35.24 | 208.30 | 13.80 |
Shareholders equity total | 364.76 | 573.06 | 586.87 |
Balance sheet total (assets) | 394.76 | 670.42 | 1 147.76 |
Net debt | - 394.76 | - 544.59 | - 614.62 |
Profitability | |||
EBIT-% | |||
ROA | -7.6 % | 50.2 % | 5.7 % |
ROE | -9.7 % | 44.4 % | 2.4 % |
ROI | -8.2 % | 57.1 % | 6.1 % |
Economic value added (EVA) | -30.00 | 221.63 | 35.28 |
Solvency | |||
Equity ratio | 92.4 % | 85.5 % | 51.1 % |
Gearing | 89.7 % | ||
Relative net indebtedness % | |||
Liquidity | |||
Quick ratio | 13.2 | 6.9 | 2.0 |
Current ratio | 13.2 | 6.9 | 2.0 |
Cash and cash equivalents | 394.76 | 544.59 | 1 140.87 |
Capital use efficiency | |||
Trade debtors turnover (days) | |||
Net working capital % | |||
Credit risk | |||
Credit rating | C | BB | BB |
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