AX V Nissens II ApS — Credit Rating and Financial Key Figures

CVR number: 38647458
Ormhøjgårdvej 9, 8700 Horsens

Credit rating

Company information

Official name
AX V Nissens II ApS
Established
2017
Company form
Private limited company
Industry

About AX V Nissens II ApS

AX V Nissens II ApS (CVR number: 38647458K) is a company from HORSENS. The company reported a net sales of 1584.3 mDKK in 2021, demonstrating a growth of 40.9 % compared to the previous year. The operating profit percentage was at 4.3 % (EBIT: 68 mDKK), while net earnings were 149.4 mDKK. The profitability of the company measured by Return on Assets (ROA) was 2.6 %, which can be considered weak but Return on Equity (ROE) was 15.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 50 %, 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 V Nissens II ApS's liquidity measured by quick ratio was 0.8 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.

Financial information

See financials

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
2017
2018
2019
2020
2021
Volume
Net sales1 584.271 982.801 943.581 124.001 584.27
Gross profit376.78638.32617.75334.20376.78
EBIT67.98123.8773.60111.4267.98
Net earnings149.40-15.10-53.7034.81149.40
Shareholders equity total1 068.47925.97872.55901.741 068.47
Balance sheet total (assets)2 135.973 163.513 208.923 499.012 135.97
Net debt300.521 287.861 331.571 429.91300.52
Profitability
EBIT-%4.3 %6.2 %3.8 %9.9 %4.3 %
ROA3.4 %5.0 %2.5 %3.6 %2.6 %
ROE14.0 %-1.5 %-6.0 %3.9 %15.2 %
ROI4.5 %6.5 %3.2 %4.6 %3.4 %
Economic value added (EVA)92.9826.41-22.24-31.75-63.67
Solvency
Equity ratio50.0 %29.3 %27.2 %25.8 %50.0 %
Gearing40.9 %164.3 %181.1 %182.3 %40.9 %
Relative net indebtedness %58.8 %101.1 %107.4 %212.1 %58.8 %
Liquidity
Quick ratio0.81.31.31.20.8
Current ratio1.72.32.42.11.7
Cash and cash equivalents136.14233.59248.63213.67136.14
Capital use efficiency
Trade debtors turnover (days)72.480.976.8206.072.4
Net working capital %25.9 %33.8 %36.2 %70.7 %25.9 %
Credit risk
Credit ratingAAAAAAAAAA

Variable visualization

ROA:2.59%
Rating: 33/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:50.0%
Rating: 40/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Chief executive officer

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