AX IV CON ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About AX IV CON ApS
AX IV CON ApS (CVR number: 36900024K) is a company from BRØNDBY. The company reported a net sales of 1056.8 mDKK in 2017, demonstrating a growth of 7.9 % compared to the previous year. The operating profit percentage was at 6.7 % (EBIT: 70.6 mDKK), while net earnings were 33.5 mDKK. The profitability of the company measured by Return on Assets (ROA) was 5.7 %, which can be considered decent but Return on Equity (ROE) was 9.6 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 21.7 %, 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 IV CON ApS's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2016 | 2017 | |
---|---|---|
Volume | ||
Net sales | 979 372.00 | 1 056 821.00 |
Gross profit | 247 582.00 | 294 096.00 |
EBIT | 58 287.00 | 70 615.00 |
Net earnings | 22 973.00 | 33 539.00 |
Shareholders equity total | 332 017.00 | 368 916.00 |
Balance sheet total (assets) | 848 058.00 | 1 740 270.00 |
Net debt | 268 419.00 | 962 202.00 |
Profitability | ||
EBIT-% | 6.0 % | 6.7 % |
ROA | 7.2 % | 5.7 % |
ROE | 6.9 % | 9.6 % |
ROI | 9.3 % | 7.2 % |
Economic value added (EVA) | 41 383.77 | 30 700.58 |
Solvency | ||
Equity ratio | 39.4 % | 21.7 % |
Gearing | 96.2 % | 273.4 % |
Relative net indebtedness % | 47.3 % | 125.3 % |
Liquidity | ||
Quick ratio | 0.9 | 0.6 |
Current ratio | 1.0 | 0.7 |
Cash and cash equivalents | 50 876.00 | 46 561.00 |
Capital use efficiency | ||
Trade debtors turnover (days) | 43.2 | 64.4 |
Net working capital % | -0.8 % | -14.6 % |
Credit risk | ||
Credit rating | AAA | AA |
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