Axelgaard Holding A/S — Credit Rating and Financial Key Figures

Axelgaard Holding A/S (CVR number: 37792411) is a company from HJØRRING. The company recorded a gross profit of 290.8 kDKK in 2023. The operating profit was 253.9 kDKK, while net earnings were 353.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 15.4 %, which can be considered excellent but Return on Equity (ROE) was 14.3 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 85.8 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Axelgaard Holding A/S's liquidity measured by quick ratio was 4.7 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.