Ax Manpower ApS — Credit Rating and Financial Key Figures

Ax Manpower ApS (CVR number: 43968742) is a company from KØBENHAVN. The company recorded a gross profit of 1703.6 kDKK in 2023. The operating profit was 37.6 kDKK, while net earnings were 27.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7.8 %, which can be considered decent but Return on Equity (ROE) was 40.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 14 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. Ax Manpower ApS's liquidity measured by quick ratio was 1.2 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.