3 X Holding A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About 3 X Holding A/S
3 X Holding A/S (CVR number: 37877344K) is a company from MIDDELFART. The company recorded a gross profit of 62.3 mDKK in 2024. The operating profit was 69.2 mDKK, while net earnings were 38 mDKK. The profitability of the company measured by Return on Assets (ROA) was 6.2 %, which can be considered decent but Return on Equity (ROE) was 14 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 23.3 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. 3 X Holding A/S's liquidity measured by quick ratio was 0.1 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 39 691.00 | 45 815.00 | 47 184.00 | 55 356.00 | 62 337.00 |
EBIT | 97 376.00 | 103 911.00 | 44 749.00 | 55 191.00 | 69 221.00 |
Net earnings | 70 845.00 | 75 365.00 | 27 587.00 | 31 922.00 | 38 024.00 |
Shareholders equity total | 139 990.00 | 205 353.00 | 230 167.00 | 253 523.00 | 288 636.00 |
Balance sheet total (assets) | 745 716.00 | 804 959.00 | 940 330.00 | 1 092 282.00 | 1 236 471.00 |
Net debt | 716 980.00 | 809 764.00 | |||
Profitability | |||||
EBIT-% | |||||
ROA | 13.1 % | 13.4 % | 5.1 % | 5.7 % | 6.2 % |
ROE | 50.6 % | 43.6 % | 12.7 % | 13.2 % | 14.0 % |
ROI | 13.1 % | 13.4 % | 5.1 % | 5.7 % | 6.3 % |
Economic value added (EVA) | 97 376.00 | 96 876.50 | 34 430.01 | 32 841.20 | 1 356.07 |
Solvency | |||||
Equity ratio | 100.0 % | 100.0 % | 100.0 % | 23.2 % | 23.3 % |
Gearing | 284.7 % | 284.5 % | |||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.1 | 0.1 | |||
Current ratio | 0.1 | 0.1 | |||
Cash and cash equivalents | 4 911.00 | 11 367.00 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | A | A |
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