AX-S ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About AX-S ApS
AX-S ApS (CVR number: 31764629) is a company from HERNING. The company recorded a gross profit of 33.7 kDKK in 2023. The operating profit was -1.2 kDKK, while net earnings were -6.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was -0.3 %, which can be considered poor and Return on Equity (ROE) was -3.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 48.9 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. AX-S ApS's liquidity measured by quick ratio was 2 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 298.46 | 45.46 | 79.58 | 16.53 | 33.66 |
EBIT | 157.73 | -6.79 | 39.50 | -23.54 | -1.20 |
Net earnings | 119.43 | -7.82 | 28.48 | -22.01 | -6.72 |
Shareholders equity total | 305.89 | 178.07 | 206.55 | 184.54 | 177.82 |
Balance sheet total (assets) | 492.91 | 369.03 | 504.91 | 344.93 | 363.95 |
Net debt | - 431.16 | - 275.12 | -33.77 | - 279.18 | - 298.06 |
Profitability | |||||
EBIT-% | |||||
ROA | 22.3 % | -1.6 % | 9.0 % | -5.5 % | -0.3 % |
ROE | 39.0 % | -3.2 % | 14.8 % | -11.3 % | -3.7 % |
ROI | 43.6 % | -2.6 % | 20.1 % | -10.2 % | -0.5 % |
Economic value added (EVA) | 134.09 | 2.93 | 35.73 | -26.90 | 6.70 |
Solvency | |||||
Equity ratio | 62.1 % | 48.3 % | 40.9 % | 53.5 % | 48.9 % |
Gearing | 12.7 % | 0.8 % | 1.5 % | 33.9 % | 37.1 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 2.5 | 1.9 | 1.7 | 2.2 | 2.0 |
Current ratio | 2.5 | 1.9 | 1.7 | 2.2 | 2.0 |
Cash and cash equivalents | 469.97 | 276.61 | 36.85 | 341.80 | 363.95 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | B | BB | B | B |
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