BankXcellerator ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About BankXcellerator ApS
BankXcellerator ApS (CVR number: 39755246) is a company from SOLRØD. The company reported a net sales of 1.9 mDKK in 2023, demonstrating a growth of 4.4 % compared to the previous year. The operating profit percentage was at 5.6 % (EBIT: 0.1 mDKK), while net earnings were 108.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 27.2 %, which can be considered excellent and Return on Equity (ROE) was 44.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 35.9 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. BankXcellerator ApS's liquidity measured by quick ratio was 1.6 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 financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 1 867.27 | 2 064.22 | 1 847.40 | 1 928.25 | |
Gross profit | -0.77 | 136.27 | 103.42 | 115.20 | 108.34 |
EBIT | -0.77 | 136.27 | 103.42 | 115.20 | 108.34 |
Net earnings | -0.77 | 105.85 | 85.18 | 76.35 | 108.60 |
Shareholders equity total | -0.76 | 105.09 | 190.27 | 266.62 | 225.23 |
Balance sheet total (assets) | 0.20 | 436.85 | 375.33 | 422.63 | 626.59 |
Net debt | 0.95 | - 288.24 | - 201.14 | - 266.69 | - 297.37 |
Profitability | |||||
EBIT-% | 7.3 % | 5.0 % | 6.2 % | 5.6 % | |
ROA | -80.0 % | 62.9 % | 27.8 % | 29.1 % | 27.2 % |
ROE | -380.2 % | 201.1 % | 57.7 % | 33.4 % | 44.2 % |
ROI | -80.0 % | 248.2 % | 70.3 % | 48.6 % | 58.0 % |
Economic value added (EVA) | -0.77 | 105.40 | 88.97 | 90.78 | 83.37 |
Solvency | |||||
Equity ratio | -79.0 % | 24.1 % | 50.7 % | 63.1 % | 35.9 % |
Gearing | -126.6 % | 4.7 % | 10.8 % | ||
Relative net indebtedness % | 2.1 % | -1.8 % | -6.0 % | 5.4 % | |
Liquidity | |||||
Quick ratio | 0.2 | 1.3 | 2.0 | 2.7 | 1.6 |
Current ratio | 0.2 | 1.3 | 2.0 | 2.7 | 1.6 |
Cash and cash equivalents | 0.01 | 293.14 | 221.69 | 266.69 | 297.37 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 27.0 | 26.0 | 27.3 | 60.3 | |
Net working capital % | 5.6 % | 2.6 % | 7.8 % | 3.6 % | |
Credit risk | |||||
Credit rating | BB | BB | BB | BB | BB |
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