SX Development ApS — Credit Rating and Financial Key Figures

CVR number: 37769878
Europaplads 8 B, 8000 Aarhus C

Company information

Official name
SX Development ApS
Personnel
2 persons
Established
2016
Company form
Private limited company
Industry

About SX Development ApS

SX Development ApS (CVR number: 37769878) is a company from AARHUS. The company recorded a gross profit of 62.4 kDKK in 2024. The operating profit was -1384.1 kDKK, while net earnings were -1464 kDKK. The profitability of the company measured by Return on Assets (ROA) was -81.1 %, which can be considered poor and Return on Equity (ROE) was -127.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 44.8 %, 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. SX Development ApS's liquidity measured by quick ratio was 1.1 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit994.94600.59226.93220.9162.38
EBIT810.65390.6852.95170.88-1 384.10
Net earnings618.45260.421.78118.47-1 463.98
Shareholders equity total1 643.191 848.601 793.881 912.35389.48
Balance sheet total (assets)2 623.482 975.882 527.662 540.10869.12
Net debt- 667.68-1 583.33-1 156.41-1 070.02- 431.59
Profitability
EBIT-%
ROA37.8 %14.0 %1.9 %6.7 %-81.1 %
ROE46.4 %14.9 %0.1 %6.4 %-127.2 %
ROI60.8 %22.4 %2.9 %9.2 %-120.2 %
Economic value added (EVA)576.27200.48-55.3041.48-1 551.69
Solvency
Equity ratio62.6 %62.1 %71.0 %75.3 %44.8 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio2.72.63.03.51.1
Current ratio2.72.63.44.01.8
Cash and cash equivalents667.681 583.331 156.411 070.02431.59
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBB

Variable visualization

ROA:-81.1%
Rating: 0/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:44.8%
Rating: 36/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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