SAX-TRANS A/S

CVR number: 10505690
Kroggårdsvej 34-36, 4990 Sakskøbing
peter@saxtrans.dk
tel: 54707070
www.saxtrans.dk

Credit rating

Company information

Official name
SAX-TRANS A/S
Established
1986
Company form
Limited company
Industry
  • Expand more icon49Land transport and transport via pipelines

About the company

SAX-TRANS A/S (CVR number: 10505690) is a company from GULDBORGSUND. The company recorded a gross profit of 49.7 mDKK in 2023. The operating profit was 819.7 kDKK, while net earnings were 793.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.2 %, which can be considered decent but Return on Equity (ROE) was 10.1 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 19 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. SAX-TRANS A/S's liquidity measured by quick ratio was 0.9 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20192020202120222023
Volume
Net sales
Gross profit39 647.7141 954.0043 723.0048 858.0049 727.79
EBIT2 380.625 478.004 922.003 514.00819.72
Net earnings2 411.634 730.003 876.002 778.00793.05
Shareholders equity total25 609.0328 339.006 215.007 993.007 785.84
Balance sheet total (assets)38 387.0244 302.0026 346.0035 666.0041 054.56
Net debt853.45-7 101.00- 840.003 066.002 349.75
Profitability
EBIT-%
ROA7.9 %14.6 %14.6 %12.5 %4.2 %
ROE9.5 %17.5 %22.4 %39.1 %10.1 %
ROI11.2 %20.5 %23.6 %22.4 %6.3 %
Economic value added (EVA)646.213 028.652 769.812 588.05366.58
Solvency
Equity ratio66.7 %64.0 %23.6 %22.4 %19.0 %
Gearing3.3 %26.4 %58.4 %34.9 %
Relative net indebtedness %
Liquidity
Quick ratio1.21.71.01.00.9
Current ratio1.21.71.01.00.9
Cash and cash equivalents7 101.002 482.001 603.00369.86
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAABBBAA

Variable visualization

ROA:4.21%
Rating: 41/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:19.0%
Rating: 18/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member

Companies in the same industry

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