HOLDINGSELSKABET SAX ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About HOLDINGSELSKABET SAX ApS
HOLDINGSELSKABET SAX ApS (CVR number: 33493460) is a company from FREDERICIA. The company reported a net sales of 0.1 mDKK in 2023, demonstrating a growth of -215.8 % compared to the previous year. The operating profit percentage was at 92.6 % (EBIT: 0.1 mDKK), while net earnings were 69.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 32.2 %, which can be considered excellent and Return on Equity (ROE) was 42 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 74.4 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. HOLDINGSELSKABET SAX ApS's liquidity measured by quick ratio was 0.5 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 73.82 | 89.03 | 27.47 | -65.53 | 75.86 |
Gross profit | 68.47 | 89.03 | 21.84 | -71.75 | 70.24 |
EBIT | 68.47 | 89.03 | 21.84 | -71.75 | 70.24 |
Net earnings | 67.58 | 87.56 | 21.35 | -71.00 | 69.28 |
Shareholders equity total | 203.06 | 180.03 | 201.38 | 130.38 | 199.66 |
Balance sheet total (assets) | 321.39 | 237.78 | 260.74 | 168.30 | 268.38 |
Net debt | 1.03 | 35.11 | 48.06 | 28.12 | 56.10 |
Profitability | |||||
EBIT-% | 92.8 % | 100.0 % | 79.5 % | 92.6 % | |
ROA | 19.0 % | 31.8 % | 8.8 % | -33.4 % | 32.2 % |
ROE | 30.3 % | 45.7 % | 11.2 % | -42.8 % | 42.0 % |
ROI | 19.2 % | 33.5 % | 9.4 % | -35.2 % | 34.0 % |
Economic value added (EVA) | 67.32 | 91.47 | 25.40 | -67.93 | 73.42 |
Solvency | |||||
Equity ratio | 63.2 % | 75.7 % | 77.2 % | 77.5 % | 74.4 % |
Gearing | 55.7 % | 19.5 % | 23.9 % | 21.6 % | 28.1 % |
Relative net indebtedness % | 8.3 % | 64.9 % | 216.1 % | -57.9 % | 90.6 % |
Liquidity | |||||
Quick ratio | 1.6 | 0.3 | 0.2 | 0.4 | 0.5 |
Current ratio | 1.6 | 0.3 | 0.2 | 0.4 | 0.5 |
Cash and cash equivalents | 112.17 | 0.01 | 0.01 | ||
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | 97.9 % | -44.7 % | -167.2 % | 37.2 % | -40.8 % |
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BB | BBB |
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