AXACON A/S — Credit Rating and Financial Key Figures

CVR number: 21680931
Normansvej 1, 8920 Randers NV
tel: 89807070
https://www.axacon.dk

Company information

Official name
AXACON A/S
Personnel
10 persons
Established
1999
Company form
Limited company
Industry

About AXACON A/S

AXACON A/S (CVR number: 21680931) is a company from RANDERS. The company recorded a gross profit of 9530.5 kDKK in 2024. The operating profit was 84.4 kDKK, while net earnings were 72.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.8 %, which can be considered weak and Return on Equity (ROE) was 1.2 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 65.1 %, 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. AXACON A/S's liquidity measured by quick ratio was 2.4 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

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit9 416.829 319.6611 525.749 413.489 530.50
EBIT1 501.33687.97709.00-2 166.2884.44
Net earnings1 237.95696.95647.18-1 720.2072.39
Shareholders equity total4 358.434 855.395 502.575 982.366 054.76
Balance sheet total (assets)12 965.3012 417.5011 249.2311 401.1310 185.10
Net debt-3 556.75- 402.451 180.12343.66115.72
Profitability
EBIT-%
ROA15.3 %5.4 %6.0 %-19.1 %0.8 %
ROE33.1 %15.1 %12.5 %-30.0 %1.2 %
ROI31.4 %12.7 %10.3 %-28.4 %1.2 %
Economic value added (EVA)1 051.12464.21389.38-2 070.18- 264.94
Solvency
Equity ratio46.2 %44.5 %52.0 %58.5 %65.1 %
Gearing0.0 %3.0 %21.4 %5.7 %1.9 %
Relative net indebtedness %
Liquidity
Quick ratio2.11.21.21.62.4
Current ratio1.21.01.01.11.4
Cash and cash equivalents3 558.75549.31
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBAABBBA

Variable visualization

ROA:0.78%
Rating: 24/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:65.1%
Rating: 50/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board

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