FAXE SPILDEVAND A/S — Credit Rating and Financial Key Figures

CVR number: 31498341
Jens Chr. Skous Vej 1, 4690 Haslev

Credit rating

Company information

Official name
FAXE SPILDEVAND A/S
Established
2007
Company form
Limited company
Industry

About FAXE SPILDEVAND A/S

FAXE SPILDEVAND A/S (CVR number: 31498341) is a company from FAXE. The company reported a net sales of 75.9 mDKK in 2023, demonstrating a decline of -17.7 % compared to the previous year. The operating profit percentage was at 43.8 % (EBIT: 33.3 mDKK), while net earnings were 25.5 mDKK. The profitability of the company measured by Return on Assets (ROA) was 3.8 %, which can be considered weak but Return on Equity (ROE) was 4.3 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 84.2 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. FAXE SPILDEVAND A/S's liquidity measured by quick ratio was 3.8 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

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales61.2869.0880.2392.2575.94
Gross profit34.1640.2953.2967.3850.17
EBIT19.0924.7537.9252.1733.25
Net earnings21.3224.2137.1344.8925.49
Shareholders equity total474.14498.35535.48580.37605.86
Balance sheet total (assets)611.33648.72656.58716.03719.81
Net debt122.96139.3899.41103.73103.96
Profitability
EBIT-%31.1 %35.8 %47.3 %56.6 %43.8 %
ROA4.0 %4.2 %6.0 %6.8 %3.8 %
ROE4.6 %5.0 %7.2 %8.0 %4.3 %
ROI4.0 %4.3 %6.1 %6.9 %3.9 %
Economic value added (EVA)-8.62-5.325.8219.99-0.50
Solvency
Equity ratio77.6 %76.8 %81.6 %81.1 %84.2 %
Gearing26.2 %28.2 %21.7 %19.2 %17.6 %
Relative net indebtedness %221.7 %216.2 %130.1 %138.6 %146.9 %
Liquidity
Quick ratio1.31.55.12.23.8
Current ratio1.31.55.12.23.8
Cash and cash equivalents1.310.9916.747.842.39
Capital use efficiency
Trade debtors turnover (days)29.525.612.790.935.9
Net working capital %17.6 %33.7 %60.6 %45.4 %55.3 %
Credit risk
Credit ratingAAAAAAAAAAAAAAA

Variable visualization

ROA:3.78%
Rating: 39/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:84.2%
Rating: 64/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

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