AX-Development ApS — Credit Rating and Financial Key Figures

AX-Development ApS (CVR number: 42505501) is a company from EGEDAL. The company recorded a gross profit of 1537.2 kDKK in 2023. The operating profit was 839.6 kDKK, while net earnings were 804.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 44.4 %, which can be considered excellent and Return on Equity (ROE) was 45.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 62.5 %, 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. AX-Development ApS's liquidity measured by quick ratio was 1.3 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.