AXSOFT ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About AXSOFT ApS
AXSOFT ApS (CVR number: 34452466) is a company from HERNING. The company recorded a gross profit of -66.4 kDKK in 2023. The operating profit was -66.4 kDKK, while net earnings were -23.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.8 %, which can be considered weak but Return on Equity (ROE) was -4.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 70.1 %, 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. AXSOFT ApS's liquidity measured by quick ratio was 3.3 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.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 248.18 | 1 263.85 | 749.20 | -6.34 | -66.38 |
EBIT | 164.61 | 469.83 | -47.93 | 3.72 | -66.38 |
Net earnings | 64.46 | 390.70 | - 124.17 | 4.17 | -23.90 |
Shareholders equity total | 310.22 | 700.91 | 576.74 | 580.92 | 557.02 |
Balance sheet total (assets) | 772.75 | 1 362.57 | 908.27 | 877.73 | 794.54 |
Net debt | 227.70 | - 237.14 | - 110.55 | 76.77 | 195.62 |
Profitability | |||||
EBIT-% | |||||
ROA | 25.8 % | 48.5 % | -6.2 % | 4.5 % | 0.8 % |
ROE | 23.2 % | 77.3 % | -19.4 % | 0.7 % | -4.2 % |
ROI | 30.8 % | 63.6 % | 3.7 % | 4.9 % | 0.8 % |
Economic value added (EVA) | 112.13 | 357.28 | -46.24 | -11.72 | -78.58 |
Solvency | |||||
Equity ratio | 40.1 % | 51.4 % | 63.5 % | 66.2 % | 70.1 % |
Gearing | 115.5 % | 34.5 % | 32.5 % | 48.7 % | 40.0 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.7 | 2.4 | 2.8 | 2.9 | 3.3 |
Current ratio | 1.7 | 2.4 | 2.8 | 2.9 | 3.3 |
Cash and cash equivalents | 130.61 | 478.88 | 297.87 | 205.87 | 27.03 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | A | BB | BBB | BB |
Variable visualization
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