Baxx Holding II ApS — Credit Rating and Financial Key Figures

CVR number: 42340634
Marsvej 26, 6000 Kolding

Company information

Official name
Baxx Holding II ApS
Established
2021
Company form
Private limited company
Industry

About Baxx Holding II ApS

Baxx Holding II ApS (CVR number: 42340634) is a company from KOLDING. The company reported a net sales of 4.2 mDKK in 2023, demonstrating a growth of 181.5 % compared to the previous year. The operating profit percentage was at 100 % (EBIT: 4.2 mDKK), while net earnings were 4214.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 36.3 %, which can be considered excellent and Return on Equity (ROE) was 64.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 61.3 %, 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. Baxx Holding II ApS'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 (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2021
2022
2023
Volume
Net sales2 936.701 498.904 219.43
Gross profit2 924.701 486.904 219.43
EBIT2 924.701 486.904 219.43
Net earnings2 927.341 418.894 214.84
Shareholders equity total2 967.344 386.238 601.07
Balance sheet total (assets)8 189.349 710.8014 024.06
Net debt4 827.573 312.88
Profitability
EBIT-%99.6 %99.2 %100.0 %
ROA35.7 %16.6 %36.3 %
ROE98.7 %38.6 %64.9 %
ROI98.6 %24.4 %40.8 %
Economic value added (EVA)2 927.341 782.584 345.83
Solvency
Equity ratio36.2 %45.2 %61.3 %
Gearing110.1 %38.5 %
Relative net indebtedness %177.8 %355.2 %128.5 %
Liquidity
Quick ratio0.50.90.9
Current ratio0.50.90.9
Cash and cash equivalents
Capital use efficiency
Trade debtors turnover (days)
Net working capital %-84.1 %-20.1 %-7.3 %
Credit risk
Credit ratingBBBAAA

Variable visualization

ROA:36.3%
Rating: 87/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:61.3%
Rating: 47/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chief executive officer

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