AXELSEN HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 24987507
Vestre Strandallé 56, 8240 Risskov

Company information

Official name
AXELSEN HOLDING ApS
Established
1999
Company form
Private limited company
Industry

About AXELSEN HOLDING ApS

AXELSEN HOLDING ApS (CVR number: 24987507) is a company from AARHUS. The company recorded a gross profit of -13.7 kDKK in 2023. The operating profit was -100.6 kDKK, while net earnings were 149.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.9 %, which can be considered weak and Return on Equity (ROE) was 2.8 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 88.5 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. AXELSEN HOLDING ApS's liquidity measured by quick ratio was 0.9 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

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 profit-21.13-20.63-8.98-12.34-13.65
EBIT-21.13-20.63-8.98-99.31- 100.62
Net earnings162.56209.65- 212.721 177.69149.48
Shareholders equity total4 408.884 528.544 255.825 343.515 412.99
Balance sheet total (assets)4 442.824 537.294 916.876 005.316 118.09
Net debt- 242.98- 282.25- 664.23410.16448.12
Profitability
EBIT-%
ROA4.6 %4.9 %-6.7 %23.1 %1.9 %
ROE3.7 %4.7 %-4.8 %24.5 %2.8 %
ROI4.6 %5.0 %-6.7 %23.2 %1.9 %
Economic value added (EVA)98.51104.36130.5569.6967.13
Solvency
Equity ratio99.2 %99.8 %86.6 %89.0 %88.5 %
Gearing15.3 %12.2 %12.9 %
Relative net indebtedness %
Liquidity
Quick ratio27.897.82.51.00.9
Current ratio27.897.82.51.00.9
Cash and cash equivalents242.98282.251 316.53242.14247.47
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAA

Variable visualization

ROA:1.93%
Rating: 30/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:88.5%
Rating: 68/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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