AXEL MUUSFELDTS FOND — Credit Rating and Financial Key Figures
Credit rating
Company information
About AXEL MUUSFELDTS FOND
AXEL MUUSFELDTS FOND (CVR number: 11718949) is a company from ALBERTSLUND. The company recorded a gross profit of -349 kDKK in 2023. The operating profit was -1833 kDKK, while net earnings were 125.1 mDKK. The profitability of the company measured by Return on Assets (ROA) was 16.6 %, which can be considered excellent and Return on Equity (ROE) was 16.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 99.7 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. AXEL MUUSFELDTS FOND's liquidity measured by quick ratio was 51.3 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | - 353.00 | - 398.00 | -1 102.00 | - 261.00 | - 349.00 |
EBIT | -1 507.00 | -1 548.00 | -2 252.00 | -1 695.00 | -1 833.00 |
Net earnings | 139 475.00 | -11 439.00 | 70 116.00 | 23 598.00 | 125 087.00 |
Shareholders equity total | 634 450.00 | 619 172.00 | 681 456.00 | 695 211.00 | 811 802.00 |
Balance sheet total (assets) | 634 998.00 | 619 725.00 | 681 575.00 | 696 253.00 | 814 098.00 |
Net debt | - 144 601.00 | - 143 903.00 | - 148 368.00 | - 109 304.00 | - 115 807.00 |
Profitability | |||||
EBIT-% | |||||
ROA | 24.7 % | -1.7 % | 10.9 % | 7.4 % | 16.6 % |
ROE | 24.6 % | -1.8 % | 10.8 % | 3.4 % | 16.6 % |
ROI | 24.7 % | -1.7 % | 10.9 % | 7.4 % | 16.6 % |
Economic value added (EVA) | 1 530.06 | 7 966.79 | 6 435.72 | 9 880.29 | 12 439.26 |
Solvency | |||||
Equity ratio | 99.9 % | 99.9 % | 100.0 % | 99.9 % | 99.7 % |
Gearing | 0.0 % | 0.0 % | 0.1 % | 0.2 % | |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 264.6 | 260.9 | 1 247.9 | 106.0 | 51.3 |
Current ratio | 264.6 | 260.9 | 1 247.9 | 106.0 | 51.3 |
Cash and cash equivalents | 144 695.00 | 144 012.00 | 148 368.00 | 110 287.00 | 117 807.00 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | AA | A | A | AAA | AA |
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