AMERICAN EXPRESS DENMARK A/S
Credit rating
Company information
About AMERICAN EXPRESS DENMARK A/S
AMERICAN EXPRESS DENMARK A/S (CVR number: 29315655) is a company from KØBENHAVN. The company recorded a gross profit of -181.3 kDKK in 2019. The operating profit was -181.3 kDKK, while net earnings were 1224.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was -7.7 %, which can be considered poor but Return on Equity (ROE) was 59.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 92.1 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. AMERICAN EXPRESS DENMARK A/S's liquidity measured by quick ratio was 12.6 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2016 | 2017 | 2018 | 2019 | |
---|---|---|---|---|
Volume | ||||
Net sales | 49 986.10 | 203.57 | ||
Gross profit | 13 700.41 | -3 667.05 | - 106.78 | - 181.34 |
EBIT | -4 193.63 | -3 704.09 | - 106.78 | - 181.34 |
Net earnings | -4 199.54 | -3 704.79 | 568.91 | 1 224.70 |
Shareholders equity total | 4 580.36 | 875.57 | 1 444.48 | 2 669.18 |
Balance sheet total (assets) | 11 909.77 | 1 893.64 | 1 791.49 | 2 898.92 |
Net debt | 2 929.98 | - 213.22 | -1 784.61 | -1 478.43 |
Profitability | ||||
EBIT-% | -8.4 % | -1819.6 % | ||
ROA | -35.1 % | -53.7 % | -5.8 % | -7.7 % |
ROE | -91.7 % | -135.8 % | 49.0 % | 59.5 % |
ROI | -51.7 % | -82.5 % | -9.2 % | -8.8 % |
Economic value added (EVA) | -4 193.63 | -3 904.65 | - 109.10 | - 111.31 |
Solvency | ||||
Equity ratio | 38.5 % | 46.2 % | 80.6 % | 92.1 % |
Gearing | 76.8 % | 0.5 % | 0.0 % | |
Relative net indebtedness % | 13.5 % | 395.4 % | ||
Liquidity | ||||
Quick ratio | 0.4 | 1.9 | 5.2 | 12.6 |
Current ratio | 0.4 | 1.9 | 5.2 | 12.6 |
Cash and cash equivalents | 589.02 | 213.22 | 1 791.49 | 1 479.18 |
Capital use efficiency | ||||
Trade debtors turnover (days) | ||||
Net working capital % | -9.0 % | 430.1 % | ||
Credit risk | ||||
Credit rating | BB | B | C | C |
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