AXIAL ROTATING COMPOSITES IVS — Credit Rating and Financial Key Figures

AXIAL ROTATING COMPOSITES IVS (CVR number: 36404906) is a company from FREDERIKSBERG. The company recorded a gross profit of -8.6 kDKK in 2020. The operating profit was -8.6 kDKK, while net earnings were -7.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was -24.1 %, which can be considered poor and Return on Equity (ROE) was -59 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 25.4 %, 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. AXIAL ROTATING COMPOSITES IVS's liquidity measured by quick ratio was 1.3 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.