EXPANSION ApS — Credit Rating and Financial Key Figures

EXPANSION ApS (CVR number: 25788729) is a company from VEJLE. The company recorded a gross profit of -34.2 kDKK in 2019. The operating profit was -34.2 kDKK, while net earnings were -23 kDKK. The profitability of the company measured by Return on Assets (ROA) was -30.1 %, which can be considered poor and Return on Equity (ROE) was -31.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 54.9 %, 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. EXPANSION ApS's liquidity measured by quick ratio was 2.2 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.