Axelsen Group IVS — Credit Rating and Financial Key Figures

Axelsen Group IVS (CVR number: 39083620) is a company from HOLSTEBRO. The company recorded a gross profit of -56 kDKK in 2019. The operating profit was -56 kDKK, while net earnings were -58 kDKK. The profitability of the company measured by Return on Assets (ROA) was -40.8 %, which can be considered poor and Return on Equity (ROE) was -56.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 70.1 %, 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. Axelsen Group IVS's liquidity measured by quick ratio was 3.3 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.