AB EXPRESS ApS — Credit Rating and Financial Key Figures

CVR number: 34599890
Ewaldsvej 2, 8752 Østbirk
abmaj13a@gmail.com
tel: 27522060

Credit rating

Company information

Official name
AB EXPRESS ApS
Personnel
1 person
Established
2012
Company form
Private limited company
Industry
  • Expand more icon81Services to buildings and landscape activities

About AB EXPRESS ApS

AB EXPRESS ApS (CVR number: 34599890) is a company from HORSENS. The company recorded a gross profit of 435.9 kDKK in 2023. The operating profit was 49.4 kDKK, while net earnings were 37.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6.6 %, which can be considered decent and Return on Equity (ROE) was 6.3 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 85.2 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. AB EXPRESS ApS's liquidity measured by quick ratio was 6.5 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit315.67470.46482.38640.73435.93
EBIT-12.3328.12140.34177.4149.40
Net earnings-13.7226.23110.72134.9037.14
Shareholders equity total300.91327.14437.85572.75609.89
Balance sheet total (assets)361.71675.46635.38777.18716.15
Net debt- 258.95- 268.18- 307.38- 409.32- 545.47
Profitability
EBIT-%
ROA-3.3 %5.4 %21.4 %25.1 %6.6 %
ROE-4.5 %8.4 %28.9 %26.7 %6.3 %
ROI-4.0 %9.0 %36.7 %35.1 %8.4 %
Economic value added (EVA)-10.5826.01110.54132.0929.98
Solvency
Equity ratio83.2 %48.4 %68.9 %73.7 %85.2 %
Gearing0.0 %0.0 %0.1 %0.2 %0.2 %
Relative net indebtedness %
Liquidity
Quick ratio5.91.93.03.66.5
Current ratio5.91.93.03.66.5
Cash and cash equivalents259.04268.32307.64410.64546.85
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBB

Variable visualization

ROA:6.63%
Rating: 48/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:85.2%
Rating: 65/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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