SAX FINANS ApS — Credit Rating and Financial Key Figures

CVR number: 31167345
Ørumgårdsvej 1 E, 3490 Kvistgård

Company information

Official name
SAX FINANS ApS
Established
2008
Company form
Private limited company
Industry

About SAX FINANS ApS

SAX FINANS ApS (CVR number: 31167345) is a company from HELSINGØR. The company recorded a gross profit of 27.5 kDKK in 2023. The operating profit was 27.5 kDKK, while net earnings were 3664.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 82.1 %, which can be considered excellent and Return on Equity (ROE) was 32.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 89.6 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. SAX FINANS ApS's liquidity measured by quick ratio was 7.5 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.

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 profit175.73- 357.81-35.66278.7527.49
EBIT175.73- 591.65- 315.18278.7527.49
Net earnings1 119.67905.93467.33502.073 664.64
Shareholders equity total7 844.188 750.118 892.449 394.5113 059.15
Balance sheet total (assets)8 002.698 861.438 991.139 534.3214 579.63
Net debt-5 840.59- 649.51- 590.58- 302.90-9 444.48
Profitability
EBIT-%
ROA20.3 %13.9 %20.1 %17.4 %82.1 %
ROE15.4 %10.9 %5.3 %5.5 %32.6 %
ROI20.7 %14.2 %6.1 %9.5 %44.2 %
Economic value added (EVA)- 137.58- 735.10- 688.10- 172.98- 429.36
Solvency
Equity ratio98.0 %98.7 %98.9 %98.5 %89.6 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio47.254.563.852.47.5
Current ratio47.254.563.852.47.5
Cash and cash equivalents5 840.59649.51590.58302.909 444.48
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:82.1%
Rating: 100/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:89.6%
Rating: 70/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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