AXEL PITZNER FONDEN — Credit Rating and Financial Key Figures

AXEL PITZNER FONDEN (CVR number: 10557240K) is a company from KØBENHAVN. The company reported a net sales of 768.8 mDKK in 2023, demonstrating a decline of -31.1 % compared to the previous year. The operating profit percentage was poor at -4.6 % (EBIT: -35.2 mDKK), while net earnings were 272.3 mDKK. The profitability of the company measured by Return on Assets (ROA) was -1.6 %, which can be considered poor but Return on Equity (ROE) was 25 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 51.3 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. AXEL PITZNER FONDEN's liquidity measured by quick ratio was 2.5 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.