AXACON A/S — Credit Rating and Financial Key Figures

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

Credit rating

Company information

Official name
AXACON A/S
Personnel
12 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 9413.5 kDKK in 2023. The operating profit was -2166.3 kDKK, while net earnings were -1720.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -19.1 %, which can be considered poor and Return on Equity (ROE) was -30 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 58.5 %, 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. AXACON A/S's liquidity measured by quick ratio was 1.3 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.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit7 188.689 416.829 319.6611 525.749 413.48
EBIT23.711 501.33687.97709.00-2 166.28
Net earnings7.631 237.95696.95647.18-1 720.20
Shareholders equity total3 120.484 358.434 855.395 502.575 982.36
Balance sheet total (assets)6 722.5712 965.3012 417.5011 249.2311 401.13
Net debt440.03-3 556.75- 402.451 180.12343.66
Profitability
EBIT-%
ROA0.4 %15.3 %5.4 %6.0 %-19.1 %
ROE0.2 %33.1 %15.1 %12.5 %-30.0 %
ROI0.5 %31.4 %12.7 %10.3 %-28.4 %
Economic value added (EVA)6.961 228.40817.94680.81-1 688.06
Solvency
Equity ratio54.1 %46.2 %44.5 %52.0 %58.5 %
Gearing14.1 %0.0 %3.0 %21.4 %5.7 %
Relative net indebtedness %
Liquidity
Quick ratio1.92.11.21.21.3
Current ratio1.21.21.01.01.0
Cash and cash equivalents3 558.75549.31
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAABBB

Variable visualization

ROA:-19.1%
Rating: 1/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:58.5%
Rating: 46/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board

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