AXCONNECT ApS — Credit Rating and Financial Key Figures

CVR number: 36434635
Moltkesvej 84, 9330 Dronninglund

Credit rating

Company information

Official name
AXCONNECT ApS
Personnel
2 persons
Established
2014
Company form
Private limited company
Industry
  • Expand more icon622000

About AXCONNECT ApS

AXCONNECT ApS (CVR number: 36434635) is a company from Brønderslev. The company recorded a gross profit of 1677.4 kDKK in 2024. The operating profit was 216.3 kDKK, while net earnings were 188.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 11.7 %, which can be considered good and Return on Equity (ROE) was 10.2 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 87 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. AXCONNECT ApS's liquidity measured by quick ratio was 7.7 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit1 708.291 884.251 689.891 745.591 677.40
EBIT516.28634.78376.78330.58216.26
Net earnings389.84481.50282.52279.13188.87
Shareholders equity total1 571.231 852.721 835.241 914.381 803.25
Balance sheet total (assets)2 144.902 277.772 141.442 224.402 073.64
Net debt-1 261.66-1 090.09-1 473.86-1 140.66-1 251.25
Profitability
EBIT-%
ROA26.6 %28.7 %17.1 %16.6 %11.7 %
ROE26.4 %28.1 %15.3 %14.9 %10.2 %
ROI33.7 %35.9 %20.1 %19.0 %13.2 %
Economic value added (EVA)394.17484.98255.08238.95129.42
Solvency
Equity ratio73.3 %81.3 %85.7 %86.1 %87.0 %
Gearing5.2 %1.4 %2.1 %2.1 %1.4 %
Relative net indebtedness %
Liquidity
Quick ratio3.75.47.07.27.7
Current ratio3.75.47.07.27.7
Cash and cash equivalents1 343.351 116.041 511.521 181.311 276.46
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:11.7%
Rating: 61/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:87.0%
Rating: 67/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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