FAXE VANDFORSYNING A/S — Credit Rating and Financial Key Figures

FAXE VANDFORSYNING A/S (CVR number: 31498384) is a company from FAXE. The company reported a net sales of 13.6 mDKK in 2023, demonstrating a decline of -17.9 % compared to the previous year. The operating profit percentage was at 20.8 % (EBIT: 2.8 mDKK), while net earnings were 1595.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.8 %, which can be considered weak and Return on Equity (ROE) was 2.7 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 60.8 %, 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. FAXE VANDFORSYNING A/S's liquidity measured by quick ratio was 3 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.