ESPANSIVA A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About ESPANSIVA A/S
ESPANSIVA A/S (CVR number: 19746844) is a company from FREDENSBORG. The company reported a net sales of 1.8 mDKK in 2024, demonstrating a growth of 162.6 % compared to the previous year. The operating profit percentage was at 13.2 % (EBIT: 0.2 mDKK), while net earnings were 655.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.6 %, which can be considered decent and Return on Equity (ROE) was 4.1 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 77 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. ESPANSIVA A/S's liquidity measured by quick ratio was 18.9 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 1 064.28 | 335.77 | 141.15 | 686.66 | 1 803.26 |
Gross profit | -22.47 | - 160.68 | - 207.21 | 10.34 | 459.33 |
EBIT | - 369.50 | - 315.80 | - 551.31 | - 183.46 | 238.40 |
Net earnings | - 816.71 | 16.34 | 1 969.58 | - 123.79 | 655.67 |
Shareholders equity total | 14 353.75 | 14 257.09 | 16 112.67 | 15 871.08 | 16 404.76 |
Balance sheet total (assets) | 22 495.67 | 21 377.81 | 21 018.13 | 20 769.85 | 21 311.20 |
Net debt | 2 389.78 | 1 114.60 | 187.72 | - 255.45 | - 484.76 |
Profitability | |||||
EBIT-% | -34.7 % | -94.1 % | -390.6 % | -26.7 % | 13.2 % |
ROA | -0.4 % | 1.6 % | 10.9 % | 1.6 % | 4.6 % |
ROE | -4.6 % | 0.1 % | 13.0 % | -0.8 % | 4.1 % |
ROI | -0.4 % | 1.6 % | 11.0 % | 1.6 % | 4.6 % |
Economic value added (EVA) | -1 832.99 | -1 439.97 | -1 613.89 | -1 233.84 | - 799.61 |
Solvency | |||||
Equity ratio | 63.8 % | 66.7 % | 76.7 % | 76.4 % | 77.0 % |
Gearing | 55.9 % | 48.1 % | 29.7 % | 30.2 % | 28.5 % |
Relative net indebtedness % | 236.2 % | 408.9 % | 214.6 % | -20.8 % | -14.0 % |
Liquidity | |||||
Quick ratio | 3.9 | 11.0 | 21.4 | 20.2 | 18.9 |
Current ratio | 3.9 | 11.0 | 21.4 | 20.2 | 18.9 |
Cash and cash equivalents | 5 627.94 | 5 747.63 | 4 602.57 | 5 041.34 | 5 159.39 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 47.3 | 5.2 | 5.3 | 95.1 | |
Net working capital % | 146.2 % | 646.0 % | 928.7 % | 213.4 % | 85.4 % |
Credit risk | |||||
Credit rating | A | A | AA | A | AA |
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