SAX LIFT A/S — Credit Rating and Financial Key Figures

CVR number: 17326589
Engvej 10, 6600 Vejen
tel: 75588625

Credit rating

Company information

Official name
SAX LIFT A/S
Personnel
40 persons
Established
1993
Company form
Limited company
Industry
  • Expand more icon282200Manufacture of lifting and handling equipment

About SAX LIFT A/S

SAX LIFT A/S (CVR number: 17326589) is a company from VEJEN. The company recorded a gross profit of 44.9 mDKK in 2024. The operating profit was 24.3 mDKK, while net earnings were 19.5 mDKK. The profitability of the company measured by Return on Assets (ROA) was 58.1 %, which can be considered excellent and Return on Equity (ROE) was 69.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 66.3 %, 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. SAX LIFT A/S's liquidity measured by quick ratio was 1.5 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit14 403.1922 971.6634 397.1834 935.7044 874.51
EBIT4 573.9210 559.0819 069.7517 241.1124 329.24
Net earnings3 305.298 543.6014 650.9013 331.1119 454.35
Shareholders equity total9 733.9412 181.4320 833.6824 164.7931 719.14
Balance sheet total (assets)19 904.6525 337.4538 869.3638 311.7747 855.39
Net debt-2 458.25627.333 606.83-4 533.61-17 303.47
Profitability
EBIT-%
ROA23.0 %49.1 %59.4 %44.9 %58.1 %
ROE38.5 %78.0 %88.8 %59.3 %69.6 %
ROI33.2 %84.9 %96.5 %70.3 %88.4 %
Economic value added (EVA)3 400.807 943.5014 343.6712 408.8317 480.79
Solvency
Equity ratio48.9 %48.1 %53.6 %63.1 %66.3 %
Gearing16.4 %20.1 %18.5 %0.4 %0.8 %
Relative net indebtedness %
Liquidity
Quick ratio0.80.80.40.91.5
Current ratio1.91.92.12.62.9
Cash and cash equivalents4 051.201 817.10241.624 626.7517 551.38
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingABBBBBBABBB

Variable visualization

ROA:58.1%
Rating: 99/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:66.3%
Rating: 51/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member

Companies in the same industry

Build time: 2025-03-14T03:45:12.860Z

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