AXICODE A/S — Credit Rating and Financial Key Figures

CVR number: 71770028
Jernbanegade 6, 3390 Hundested
info@axicode.dk
tel: 70206820
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Credit rating

Company information

Official name
AXICODE A/S
Personnel
7 persons
Established
1983
Company form
Limited company
Industry

About AXICODE A/S

AXICODE A/S (CVR number: 71770028) is a company from HALSNÆS. The company recorded a gross profit of 3933.5 kDKK in 2024. The operating profit was 136.4 kDKK, while net earnings were 71.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.2 %, which can be considered weak and Return on Equity (ROE) was 1.3 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 81.3 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. AXICODE A/S's liquidity measured by quick ratio was 4.9 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit4 733.833 757.654 349.093 775.963 933.45
EBIT1 304.67-78.66565.65242.63136.41
Net earnings2 259.63- 152.11381.42410.2871.39
Shareholders equity total6 371.824 719.715 101.135 511.415 582.80
Balance sheet total (assets)8 675.146 930.006 754.386 797.916 868.89
Net debt-5 415.07-2 840.48-3 136.95-4 236.59-4 278.67
Profitability
EBIT-%
ROA37.8 %0.3 %9.0 %8.5 %3.2 %
ROE42.9 %-2.7 %7.8 %7.7 %1.3 %
ROI54.3 %0.4 %10.5 %9.7 %3.7 %
Economic value added (EVA)784.38- 406.50138.07- 115.23- 223.09
Solvency
Equity ratio73.5 %68.6 %75.6 %81.1 %81.3 %
Gearing2.4 %24.5 %14.5 %8.8 %7.8 %
Relative net indebtedness %
Liquidity
Quick ratio4.32.53.54.84.9
Current ratio4.72.83.95.55.3
Cash and cash equivalents5 567.413 994.923 875.594 719.874 711.87
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAABBB

Variable visualization

ROA:3.21%
Rating: 36/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:81.3%
Rating: 60/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Board member

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