Explicit ApS — Credit Rating and Financial Key Figures

CVR number: 37639605
Teknikerbyen 5, Søllerød 2830 Virum
info@explicit.dk
tel: 44410073

Credit rating

Company information

Official name
Explicit ApS
Personnel
16 persons
Established
2016
Domicile
Søllerød
Company form
Private limited company
Industry

About Explicit ApS

Explicit ApS (CVR number: 37639605) is a company from RUDERSDAL. The company recorded a gross profit of 15.1 mDKK in 2024. The operating profit was 3608.4 kDKK, while net earnings were 2785.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 38.6 %, which can be considered excellent and Return on Equity (ROE) was 33.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 88.1 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Explicit ApS's liquidity measured by quick ratio was 8.3 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit1 905.883 796.986 220.9612 303.6515 122.00
EBIT601.011 845.89953.954 510.593 608.39
Net earnings463.341 428.52732.663 421.492 785.49
Shareholders equity total1 609.972 913.503 516.166 937.659 723.14
Balance sheet total (assets)1 829.763 350.113 705.997 699.9911 035.15
Net debt-1 367.45-2 530.73-2 233.96-4 516.84-7 693.68
Profitability
EBIT-%
ROA31.4 %71.3 %27.0 %79.1 %38.6 %
ROE32.2 %63.2 %22.8 %65.5 %33.4 %
ROI41.7 %81.6 %29.7 %85.6 %43.1 %
Economic value added (EVA)452.681 425.41721.583 450.142 692.94
Solvency
Equity ratio88.0 %87.0 %94.9 %90.1 %88.1 %
Gearing1.2 %0.6 %
Relative net indebtedness %
Liquidity
Quick ratio8.27.619.210.08.3
Current ratio8.27.619.210.08.3
Cash and cash equivalents1 367.452 530.732 233.964 599.457 747.54
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:38.6%
Rating: 88/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:88.1%
Rating: 68/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chairman of the board

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