SAXFJED A/S — Credit Rating and Financial Key Figures

CVR number: 20818778
Alsøvej 25, Alsø 4960 Holeby

Company information

Official name
SAXFJED A/S
Established
1998
Domicile
Alsø
Company form
Limited company
Industry

About SAXFJED A/S

SAXFJED A/S (CVR number: 20818778) is a company from LOLLAND. The company reported a net sales of 0.7 mDKK in 2023, demonstrating a decline of -61.9 % compared to the previous year. The operating profit percentage was at 67.1 % (EBIT: 0.5 mDKK), while net earnings were -691.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7.2 %, which can be considered decent but Return on Equity (ROE) was -5.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 95.7 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. SAXFJED A/S's liquidity measured by quick ratio was 0.5 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales509.70315.39934.031 794.99683.66
Gross profit376.99209.96448.021 659.49571.61
EBIT230.33122.65354.141 568.84458.60
Net earnings179.51287.711 149.391 828.01- 691.13
Shareholders equity total8 541.3311 278.5012 119.0611 739.9913 027.02
Balance sheet total (assets)9 241.3212 786.8413 900.3313 215.4413 607.42
Net debt- 407.55- 561.07-2 243.31-3 405.91- 103.06
Profitability
EBIT-%45.2 %38.9 %37.9 %87.4 %67.1 %
ROA3.2 %3.3 %11.0 %16.7 %7.2 %
ROE2.0 %2.9 %9.8 %15.3 %-5.6 %
ROI3.2 %3.3 %11.1 %17.8 %7.8 %
Economic value added (EVA)- 125.33- 187.754.441 112.2780.20
Solvency
Equity ratio92.4 %88.2 %87.2 %88.8 %95.7 %
Gearing
Relative net indebtedness %-78.8 %-169.6 %-209.5 %-107.5 %69.8 %
Liquidity
Quick ratio116.830.59.62.60.5
Current ratio116.830.59.62.60.5
Cash and cash equivalents407.55561.072 243.313 405.91103.06
Capital use efficiency
Trade debtors turnover (days)87.791.737.175.893.0
Net working capital %136.3 %243.2 %262.6 %128.6 %-42.6 %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:7.20%
Rating: 49/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:95.7%
Rating: 77/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board

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