AX-World ApS — Credit Rating and Financial Key Figures

CVR number: 37149152
Naverland 31, 2600 Glostrup
khj@ax-world.dk
tel: 52380811

Company information

Official name
AX-World ApS
Personnel
8 persons
Established
2015
Company form
Private limited company
Industry

About AX-World ApS

AX-World ApS (CVR number: 37149152) is a company from ALBERTSLUND. The company recorded a gross profit of 5170.7 kDKK in 2023. The operating profit was 845.8 kDKK, while net earnings were 663.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 21.9 %, which can be considered excellent and Return on Equity (ROE) was 43.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 44 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. AX-World ApS's liquidity measured by quick ratio was 1.7 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit3 757.524 541.644 393.844 048.935 170.68
EBIT91.40622.36299.6140.35845.79
Net earnings66.01481.24241.3528.08663.06
Shareholders equity total910.851 392.081 322.931 351.011 714.07
Balance sheet total (assets)2 292.884 231.493 065.733 990.273 894.89
Net debt- 568.69-2 403.30-1 655.92-2 131.82-2 607.49
Profitability
EBIT-%
ROA4.0 %19.4 %9.0 %1.5 %21.9 %
ROE6.4 %41.8 %17.8 %2.1 %43.3 %
ROI9.3 %54.8 %24.3 %3.9 %56.3 %
Economic value added (EVA)51.45466.09279.5444.39689.12
Solvency
Equity ratio39.6 %32.9 %43.2 %39.8 %44.0 %
Gearing0.1 %0.2 %
Relative net indebtedness %
Liquidity
Quick ratio1.51.51.61.81.7
Current ratio1.51.51.61.41.7
Cash and cash equivalents568.692 403.301 655.922 133.742 610.34
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBABBBA

Variable visualization

ROA:21.9%
Rating: 77/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:44.0%
Rating: 36/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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