AX VI VET Holding III ApS — Credit Rating and Financial Key Figures

CVR number: 40727671
Hovedgaden 12 C, 3460 Birkerød

Company information

Official name
AX VI VET Holding III ApS
Established
2019
Company form
Private limited company
Industry

About AX VI VET Holding III ApS

AX VI VET Holding III ApS (CVR number: 40727671K) is a company from RUDERSDAL. The company reported a net sales of 1163.2 mDKK in 2023, demonstrating a growth of 67.2 % compared to the previous year. The operating profit percentage was poor at -4 % (EBIT: -46.5 mDKK), while net earnings were -224.3 mDKK. The profitability of the company measured by Return on Assets (ROA) was -2.1 %, which can be considered poor and Return on Equity (ROE) was -119.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 11 %, 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. AX VI VET Holding III ApS's liquidity measured by quick ratio was 1.2 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.

Financial information

See financials

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
2020
2021
2022
2023
Volume
Net sales162.33695.641 163.20
Gross profit87.47403.37730.12
EBIT-32.38- 136.14-46.48
Net earnings-43.25- 192.09- 224.32
Shareholders equity total0.04440.30454.35260.24
Balance sheet total (assets)0.041 043.411 686.842 357.21
Net debt-0.04429.19961.901 443.72
Profitability
EBIT-%-19.9 %-19.6 %-4.0 %
ROA-6.0 %-9.9 %-2.1 %
ROE-44.8 %-87.0 %-119.1 %
ROI-6.5 %-10.8 %-2.3 %
Economic value added (EVA)-33.01- 176.78- 118.78
Solvency
Equity ratio100.0 %42.2 %26.9 %11.0 %
Gearing113.8 %231.1 %634.6 %
Relative net indebtedness %327.2 %164.5 %161.5 %
Liquidity
Quick ratio0.90.71.2
Current ratio1.00.91.5
Cash and cash equivalents0.0472.0588.22207.62
Capital use efficiency
Trade debtors turnover (days)18.810.010.8
Net working capital %2.6 %-1.3 %8.7 %
Credit risk
Credit ratingBAAA

Variable visualization

ROA:-2.12%
Rating: 18/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:11.0%
Rating: 11/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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