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 1826.1 mDKK in 2023, demonstrating a growth of 293.2 % compared to the previous year. The operating profit percentage was poor at -1 % (EBIT: -18.3 mDKK), while net earnings were -114.7 mDKK. The profitability of the company measured by Return on Assets (ROA) was -0.4 %, which can be considered poor and Return on Equity (ROE) was -12.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 35.1 %, 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 0.8 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2022 | 2023 | |
---|---|---|
Volume | ||
Net sales | 464 379.00 | 1 826 104.00 |
Gross profit | 157 739.00 | 621 967.00 |
EBIT | -9 722.00 | -18 269.00 |
Net earnings | -44 972.00 | - 114 655.00 |
Shareholders equity total | 721 511.00 | 1 131 347.00 |
Balance sheet total (assets) | 2 693 305.00 | 3 056 248.00 |
Net debt | 1 004 139.00 | 720 125.00 |
Profitability | ||
EBIT-% | -2.1 % | -1.0 % |
ROA | -0.4 % | -0.4 % |
ROE | -6.2 % | -12.4 % |
ROI | -0.5 % | -0.6 % |
Economic value added (EVA) | -11 498.77 | -61 036.80 |
Solvency | ||
Equity ratio | 25.3 % | 35.1 % |
Gearing | 167.0 % | 87.2 % |
Relative net indebtedness % | 381.3 % | 90.8 % |
Liquidity | ||
Quick ratio | 0.6 | 0.8 |
Current ratio | 0.6 | 0.8 |
Cash and cash equivalents | 201 068.00 | 266 731.00 |
Capital use efficiency | ||
Trade debtors turnover (days) | 220.1 | 66.0 |
Net working capital % | -78.2 % | -7.8 % |
Credit risk | ||
Credit rating | BBB | A |
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