AX VI INV8 Holding III A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About AX VI INV8 Holding III A/S
AX VI INV8 Holding III A/S (CVR number: 43300547K) is a company from FURESØ. The company reported a net sales of 965.9 mDKK in 2024, demonstrating a growth of 45.7 % compared to the previous year. The operating profit percentage was at 7.9 % (EBIT: 76.2 mDKK), while net earnings were -68.7 mDKK. The profitability of the company measured by Return on Assets (ROA) was 2.8 %, which can be considered weak but Return on Equity (ROE) was -6.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 28.1 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. AX VI INV8 Holding III A/S's liquidity measured by quick ratio was 1.1 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.
Financial information
See financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2022 | 2023 | 2024 | |
---|---|---|---|
Volume | |||
Net sales | 464.38 | 662.75 | 965.89 |
Gross profit | 157.74 | 620.41 | 886.57 |
EBIT | -9.72 | -19.82 | 76.16 |
Net earnings | -38.02 | - 114.97 | -68.67 |
Shareholders equity total | 721.51 | 1 122.04 | 1 012.25 |
Balance sheet total (assets) | 2 693.30 | 3 066.02 | 3 381.06 |
Net debt | 720.13 | 864.28 | |
Profitability | |||
EBIT-% | -2.1 % | -3.0 % | 7.9 % |
ROA | -0.4 % | -0.5 % | 2.8 % |
ROE | -5.3 % | -12.5 % | -6.4 % |
ROI | -0.4 % | -0.6 % | 3.9 % |
Economic value added (EVA) | -9.72 | -58.64 | -60.24 |
Solvency | |||
Equity ratio | 100.0 % | 34.7 % | 28.1 % |
Gearing | 88.0 % | 123.6 % | |
Relative net indebtedness % | 253.1 % | 205.2 % | |
Liquidity | |||
Quick ratio | 0.8 | 1.1 | |
Current ratio | 0.8 | 1.1 | |
Cash and cash equivalents | 266.73 | 386.97 | |
Capital use efficiency | |||
Trade debtors turnover (days) | 184.6 | 136.5 | |
Net working capital % | -24.4 % | 9.7 % | |
Credit risk | |||
Credit rating | BBB | A | A |
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