AXL-Trading ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About AXL-Trading ApS
AXL-Trading ApS (CVR number: 20039779) is a company from MIDDELFART. The company recorded a gross profit of -72 kDKK in 2023. The operating profit was -72 kDKK, while net earnings were -72 kDKK. The profitability of the company measured by Return on Assets (ROA) was -13.1 %, which can be considered poor and Return on Equity (ROE) was -13.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 96.4 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. AXL-Trading ApS's liquidity measured by quick ratio was 9.3 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 | -75.44 | -75.79 | -73.46 | - 213.29 | -72.03 |
EBIT | -75.44 | -75.79 | -73.46 | - 213.29 | -72.03 |
Net earnings | -75.45 | -77.37 | -76.34 | - 216.94 | -72.03 |
Shareholders equity total | 1 339.17 | 1 151.20 | 961.86 | 630.53 | 440.69 |
Balance sheet total (assets) | 1 353.55 | 1 167.45 | 978.11 | 646.78 | 456.94 |
Net debt | - 862.29 | - 669.10 | - 490.27 | - 302.50 | - 112.43 |
Profitability | |||||
EBIT-% | |||||
ROA | -5.4 % | -6.0 % | -6.8 % | -26.3 % | -13.1 % |
ROE | -5.5 % | -6.2 % | -7.2 % | -27.2 % | -13.4 % |
ROI | -5.5 % | -6.1 % | -6.9 % | -26.7 % | -13.4 % |
Economic value added (EVA) | -98.70 | -99.75 | -97.69 | - 236.99 | -88.52 |
Solvency | |||||
Equity ratio | 98.9 % | 98.6 % | 98.3 % | 97.5 % | 96.4 % |
Gearing | |||||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 60.3 | 42.0 | 39.5 | 24.5 | 9.3 |
Current ratio | 70.6 | 50.9 | 51.0 | 24.5 | 9.3 |
Cash and cash equivalents | 862.29 | 669.10 | 490.27 | 302.50 | 112.43 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BB | BB |
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