FAXE FORSYNING HOLDING A/S — Credit Rating and Financial Key Figures

FAXE FORSYNING HOLDING A/S (CVR number: 31498376K) is a company from FAXE. The company reported a net sales of 155.8 mDKK in 2023, demonstrating a decline of -8.5 % compared to the previous year. The operating profit percentage was at 20.8 % (EBIT: 32.4 mDKK), while net earnings were 28.7 mDKK. The profitability of the company measured by Return on Assets (ROA) was 3.7 %, 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 72.6 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. FAXE FORSYNING HOLDING A/S's liquidity measured by quick ratio was 1.4 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.