X design ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About X design ApS
X design ApS (CVR number: 40394125) is a company from KØBENHAVN. The company recorded a gross profit of 601.7 kDKK in 2024. The operating profit was -206.7 kDKK, while net earnings were -170 kDKK. The profitability of the company measured by Return on Assets (ROA) was -25.2 %, which can be considered poor and Return on Equity (ROE) was -57 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 21.2 %, 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. X design ApS's liquidity measured by quick ratio was 1.3 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 781.60 | 1 038.17 | 1 029.95 | 1 154.28 | 601.71 |
EBIT | 40.21 | 223.01 | 216.79 | 323.44 | - 206.68 |
Net earnings | 31.36 | 172.72 | 102.47 | 300.42 | - 169.97 |
Shareholders equity total | 32.36 | 205.08 | 307.55 | 457.97 | 138.00 |
Balance sheet total (assets) | 289.11 | 559.77 | 617.17 | 973.05 | 652.44 |
Net debt | - 268.99 | - 544.39 | - 604.31 | - 486.09 | - 163.77 |
Profitability | |||||
EBIT-% | |||||
ROA | 27.7 % | 52.5 % | 36.9 % | 40.8 % | -25.2 % |
ROE | 188.0 % | 145.5 % | 40.0 % | 78.5 % | -57.0 % |
ROI | 240.1 % | 187.7 % | 84.7 % | 70.9 % | -37.3 % |
Economic value added (EVA) | 31.32 | 172.30 | 143.62 | 292.02 | - 194.46 |
Solvency | |||||
Equity ratio | 11.2 % | 36.6 % | 49.8 % | 47.1 % | 21.2 % |
Gearing | 32.6 % | 255.3 % | |||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.0 | 1.5 | 2.0 | 1.9 | 1.3 |
Current ratio | 1.0 | 1.5 | 2.0 | 1.9 | 1.3 |
Cash and cash equivalents | 268.99 | 544.39 | 604.31 | 635.60 | 516.10 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | BBB | BBB | BBB |
Variable visualization
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