3XN A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About 3XN A/S
3XN A/S (CVR number: 14277137) is a company from KØBENHAVN. The company reported a net sales of 142.7 mDKK in 2024, demonstrating a decline of -8 % compared to the previous year. The operating profit percentage was at 0.2 % (EBIT: 0.3 mDKK), while net earnings were 6192.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7.9 %, which can be considered decent but Return on Equity (ROE) was 17.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 38.9 %, 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. 3XN A/S's liquidity measured by quick ratio was 4.4 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.
Financial information
See financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | 113.17 | 159.54 | 170.21 | 155.02 | 142.65 |
| Gross profit | 69.32 | 82.05 | 98.27 | 76.14 | 59.83 |
| EBIT | 8.41 | 13.45 | 21.55 | 10.24 | 0.25 |
| Net earnings | 13.66 | 11.11 | 23.50 | 13.90 | 6.19 |
| Shareholders equity total | 27.99 | 26.78 | 35.91 | 38.06 | 31.46 |
| Balance sheet total (assets) | 97.35 | 113.59 | 128.26 | 119.85 | 110.08 |
| Net debt | -39.37 | -36.74 | -32.06 | ||
| Profitability | |||||
| EBIT-% | 7.4 % | 8.4 % | 12.7 % | 6.6 % | 0.2 % |
| ROA | 8.8 % | 12.7 % | 28.3 % | 15.6 % | 7.9 % |
| ROE | 54.5 % | 40.6 % | 75.0 % | 37.6 % | 17.8 % |
| ROI | 8.8 % | 12.7 % | 38.8 % | 29.7 % | 14.2 % |
| Economic value added (EVA) | 7.30 | 12.04 | 15.54 | 4.77 | -3.21 |
| Solvency | |||||
| Equity ratio | 100.0 % | 100.0 % | 40.3 % | 43.0 % | 38.9 % |
| Gearing | 0.5 % | 1.5 % | 3.5 % | ||
| Relative net indebtedness % | 15.3 % | 10.3 % | 11.8 % | ||
| Liquidity | |||||
| Quick ratio | 4.2 | 4.6 | 4.4 | ||
| Current ratio | 1.7 | 1.9 | 1.8 | ||
| Cash and cash equivalents | 39.54 | 37.31 | 33.17 | ||
| Capital use efficiency | |||||
| Trade debtors turnover (days) | 49.4 | 48.3 | 51.4 | ||
| Net working capital % | 26.1 % | 28.8 % | 27.2 % | ||
| Credit risk | |||||
| Credit rating | BBB | BBB | AA | AA | AA |
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