AX VI itm8 Holding III ApS — Credit Rating and Financial Key Figures

AX VI itm8 Holding III ApS (CVR number: 42520136K) is a company from HERNING. The company reported a net sales of 2474.2 mDKK in 2023, demonstrating a growth of 272.2 % compared to the previous year. The operating profit percentage was poor at -6.7 % (EBIT: -165.7 mDKK), while net earnings were -685.4 mDKK. The profitability of the company measured by Return on Assets (ROA) was -1.9 %, which can be considered poor and Return on Equity (ROE) was -32.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 27.6 %, 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. AX VI itm8 Holding III 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.