3 X N HOLDING A/S — Credit Rating and Financial Key Figures

3 X N HOLDING A/S (CVR number: 28480954K) is a company from KØBENHAVN. The company reported a net sales of 216.6 mDKK in 2023, demonstrating a decline of -5.2 % compared to the previous year. The operating profit percentage was at 9.1 % (EBIT: 19.8 mDKK), while net earnings were 13.2 mDKK. The profitability of the company measured by Return on Assets (ROA) was 14.4 %, which can be considered good but Return on Equity (ROE) was 32.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 38.3 %, 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. 3 X N HOLDING A/S's liquidity measured by quick ratio was 4.5 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.