SAXO HOLDING ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About SAXO HOLDING ApS
SAXO HOLDING ApS (CVR number: 32658946) is a company from ROSKILDE. The company recorded a gross profit of -7.2 kDKK in 2023. The operating profit was -7.2 kDKK, while net earnings were 275.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 14.3 %, which can be considered good but Return on Equity (ROE) was 15.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 66.4 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. SAXO HOLDING ApS's liquidity measured by quick ratio was 2.1 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 | -4.66 | -5.54 | -6.13 | -7.10 | -7.25 |
EBIT | -4.66 | -5.54 | -6.13 | -7.10 | -7.25 |
Net earnings | -2.22 | 381.65 | 346.25 | 111.22 | 275.06 |
Shareholders equity total | 1 226.56 | 1 497.61 | 1 730.86 | 1 727.68 | 1 884.93 |
Balance sheet total (assets) | 1 670.59 | 2 096.52 | 2 464.64 | 2 572.11 | 2 838.49 |
Net debt | - 549.92 | - 472.90 | - 579.27 | - 968.33 | - 985.95 |
Profitability | |||||
EBIT-% | |||||
ROA | 0.5 % | 21.9 % | 22.7 % | 8.6 % | 14.3 % |
ROE | -0.2 % | 28.0 % | 21.4 % | 6.4 % | 15.2 % |
ROI | 0.5 % | 22.2 % | 23.3 % | 8.9 % | 14.5 % |
Economic value added (EVA) | 45.33 | 37.16 | 64.04 | 75.10 | 65.50 |
Solvency | |||||
Equity ratio | 73.4 % | 71.4 % | 70.2 % | 67.2 % | 66.4 % |
Gearing | 35.9 % | 36.4 % | 38.0 % | 45.3 % | 48.7 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 2.4 | 1.9 | 1.8 | 2.2 | 2.1 |
Current ratio | 2.4 | 1.9 | 1.8 | 2.2 | 2.1 |
Cash and cash equivalents | 989.85 | 1 017.57 | 1 236.76 | 1 751.27 | 1 904.45 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | AA | AA | A | AA |
Variable visualization
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