DANEX MONEY EXCHANGE & TRAVEL ApS
Credit rating
Company information
About DANEX MONEY EXCHANGE & TRAVEL ApS
DANEX MONEY EXCHANGE & TRAVEL ApS (CVR number: 34893136) is a company from ALBERTSLUND. The company recorded a gross profit of -266.2 kDKK in 2023. The operating profit was -696.2 kDKK, while net earnings were -537.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -14.5 %, which can be considered poor and Return on Equity (ROE) was -13 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -18.1 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. DANEX MONEY EXCHANGE & TRAVEL ApS's liquidity measured by quick ratio was 31.7 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 1 310.67 | 604.71 | 763.13 | 1 055.19 | - 266.18 |
EBIT | 224.87 | - 690.88 | - 101.30 | 396.19 | - 696.17 |
Net earnings | 88.71 | -7 437.87 | 6 651.17 | 299.55 | - 537.22 |
Shareholders equity total | 168.84 | -7 269.03 | - 617.86 | - 318.31 | - 855.53 |
Balance sheet total (assets) | 1 885.23 | 1 297.23 | 1 100.45 | 4 430.16 | 3 866.12 |
Net debt | -13.46 | 399.35 | 542.95 | -3 277.66 | -2 585.09 |
Profitability | |||||
EBIT-% | |||||
ROA | 9.8 % | -13.2 % | -2.0 % | 12.3 % | -14.5 % |
ROE | 12.7 % | -1014.7 % | 554.8 % | 10.8 % | -13.0 % |
ROI | 10.6 % | -39.8 % | -6.2 % | 28.7 % | -59.7 % |
Economic value added (EVA) | 217.46 | - 417.07 | 357.81 | 398.95 | - 305.02 |
Solvency | |||||
Equity ratio | 9.0 % | -84.9 % | -36.0 % | -6.7 % | -18.1 % |
Gearing | 957.8 % | -23.1 % | -260.7 % | -362.1 % | -134.7 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.0 | 0.1 | 0.6 | 29.7 | 31.7 |
Current ratio | 1.0 | 0.1 | 0.6 | 29.7 | 31.7 |
Cash and cash equivalents | 1 630.61 | 1 282.78 | 1 067.74 | 4 430.16 | 3 737.59 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | C | C | B | C |
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