RAXON Group ApS — Credit Rating and Financial Key Figures

RAXON Group ApS (CVR number: 40956034) is a company from RANDERS. The company recorded a gross profit of 153.1 kDKK in 2022. The operating profit was 153.1 kDKK, while net earnings were 102.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 8.7 %, which can be considered good but Return on Equity (ROE) was 16.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 32.4 %, 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. RAXON Group ApS's liquidity measured by quick ratio was 0.2 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.