Azend A/S — Credit Rating and Financial Key Figures

CVR number: 37292389
E Christensens Vej 55 B, 7430 Ikast
info@fiksit.dk
tel: 69884939
www.fiksit.dk

Company information

Official name
Azend A/S
Personnel
22 persons
Established
2015
Company form
Limited company
Industry

About Azend A/S

Azend A/S (CVR number: 37292389) is a company from IKAST-BRANDE. The company recorded a gross profit of 14.3 mDKK in 2024. The operating profit was -665.1 kDKK, while net earnings were -518.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was -13.2 %, which can be considered poor and Return on Equity (ROE) was -90.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 0.3 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. Azend A/S's liquidity measured by quick ratio was 0.5 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.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit7 190.089 110.4210 199.5312 962.3014 257.79
EBIT52.80492.14419.16621.29- 665.14
Net earnings43.94374.70290.78467.09- 518.69
Shareholders equity total1 000.55875.25916.031 133.1214.43
Balance sheet total (assets)5 487.355 908.744 147.024 661.725 012.06
Net debt111.95-2 489.56- 678.61-1 471.5565.40
Profitability
EBIT-%
ROA1.3 %8.8 %8.4 %14.1 %-13.2 %
ROE4.5 %40.0 %32.5 %45.6 %-90.4 %
ROI3.6 %26.3 %28.0 %48.5 %-65.2 %
Economic value added (EVA)-20.99317.72269.85422.10- 590.83
Solvency
Equity ratio18.2 %14.8 %22.1 %24.3 %0.3 %
Gearing11.2 %17.1 %20.6 %24.3 %3714.2 %
Relative net indebtedness %
Liquidity
Quick ratio1.31.21.41.50.5
Current ratio1.31.31.51.50.5
Cash and cash equivalents2 639.54867.751 747.08470.44
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBB

Variable visualization

ROA:-13.2%
Rating: 7/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:0.31%
Rating: 1/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Board member
Chairman of the board

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