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FAXE FORSYNING A/S

CVR number: 31480434
Jens Chr. Skous Vej 1, 4690 Haslev

Credit rating

Company information

Official name
FAXE FORSYNING A/S
Established
2008
Company form
Limited company
Industry
  • Expand more icon70Activities of head offices; management consultancy activities

About the company

FAXE FORSYNING A/S (CVR number: 31480434) is a company from FAXE. The company reported a net sales of 55.7 mDKK in 2022, demonstrating a growth of 23.4 % compared to the previous year. The operating profit percentage was at 3.2 % (EBIT: 1.8 mDKK), while net earnings were 1620.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4 %, which can be considered decent but Return on Equity (ROE) was 77.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 4 %, 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. FAXE FORSYNING 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

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
20182019202020212022
Volume
Net sales27.4539.0041.7845.1455.71
Gross profit22.9728.5430.0432.7339.73
EBIT-0.45-0.84-1.160.921.77
Net earnings-0.12-0.48-0.730.961.62
Shareholders equity total1.541.060.331.292.91
Balance sheet total (assets)15.6836.5150.1236.2072.95
Net debt6.9826.0442.7728.8357.62
Profitability
EBIT-%-1.6 %-2.1 %-2.8 %2.0 %3.2 %
ROA0.1 %-1.8 %-1.7 %3.2 %4.0 %
ROE-7.3 %-37.1 %-104.7 %118.5 %77.1 %
ROI0.1 %-2.6 %-2.0 %3.7 %4.4 %
Economic value added (EVA)-0.49-0.87-1.180.711.35
Solvency
Equity ratio9.8 %2.9 %0.7 %3.6 %4.0 %
Gearing500.1 %2503.9 %13270.3 %2355.8 %2212.5 %
Relative net indebtedness %48.9 %89.8 %116.6 %73.8 %113.4 %
Liquidity
Quick ratio0.50.70.80.80.9
Current ratio0.50.70.80.80.9
Cash and cash equivalents0.710.441.091.626.84
Capital use efficiency
Trade debtors turnover (days)5.01.50.80.62.5
Net working capital %-26.3 %-23.1 %-22.6 %-16.3 %-16.2 %
Credit risk
Credit ratingBBBBBBBBBBBBBB

Variable visualization

ROA:4.03%
Rating: 40/100
-20%
0%
4%
11%
24%
60%
Equity ratio:3.99%
Rating: 5/100
-1%
21%
50%
81%
99%
100%

Roles

Companies in the same industry

Build time: 2024-07-12T11:31:01.854Z

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