AXICODE A/S — Credit Rating and Financial Key Figures

AXICODE A/S (CVR number: 71770028) is a company from HALSNÆS. The company recorded a gross profit of 4349.1 kDKK in 2022. The operating profit was 565.7 kDKK, while net earnings were 381.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 9 %, which can be considered good but Return on Equity (ROE) was 7.8 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 75.6 %, 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. AXICODE A/S's liquidity measured by quick ratio was 3.5 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.