Axfood

Axfood Interest Coverage

The Interest Coverage Ratio of Axfood (AXFO.ST) as of Oct 13, 2026 is 7.15. In the previous year, Interest Coverage Ratio was 8.42 — a change of -15.10% (lower).

Interest Coverage

7.15

YoY

-15.10%

Last updated:

Interest Coverage Ratio of Axfood is 2024 7.15 . Interest Coverage Ratio of Axfood was 2023 8.42 . It decreases by -15.10% lower compared to the previous year.

The Axfood Interest Coverage history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

Interest Coverage
Date
Interest Coverage
Jan 1, 2017
628.67 SEK
Jan 1, 2018
155.77 SEK
Jan 1, 2019
16.46 SEK
Jan 1, 2020
17.31 SEK
Jan 1, 2021
16.39 SEK
Jan 1, 2022
13.25 SEK
Jan 1, 2023
8.42 SEK
Jan 1, 2024
7.15 SEK
The Axfood Interest Coverage history
YEARInterest CoverageYoY
7.15-15.10%
8.42-36.43%
13.25-19.13%
16.39-5.33%
17.31+5.16%
16.46-89.43%
155.77-75.22%
628.67-66.95%
1,902.00+332.27%
440.00-8.78%
482.33—
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Axfood Stock analysis

What does Axfood do? Axfood AB is one of the leading trade companies in Sweden. The company was founded in 2000 through the merger of the retail chains Hemkop and Vivo. However, the roots of the company date back to 1862 when the food store "Saluhallen" opened in Stockholm. Axfood's business model is divided into various divisions. The largest division is the retail sector, which consists of the well-known supermarket chains Willys, Hemköp, and PrisXtra. Axfood operates a total of over 820 stores in Sweden, most of which are owned by franchisees. The second division is the gastronomy division called Gastronova. Gastronova specializes in supplying restaurants, hotels, and other gastronomic establishments and offers a wide range of food and beverages. Axfood also has its own production and logistics division called Axfood Närlivs. This division is responsible for the production and delivery of its own brand products such as Garant, Eldorado, and GoGreen. An important aspect of Axfood's business model is sustainability. The company places great emphasis on reducing CO2 emissions and strives to minimize its ecological footprint. This is reflected, for example, in the introduction of environmentally friendly packaging for its products, as well as the promotion of sustainable fishing and the use of Fairtrade products. Axfood offers a wide range of products, ranging from fresh fruits and vegetables to meat and sausages, to ready meals and confectionery. A special feature is its own brand products, which are produced in collaboration with small Swedish producers. Axfood has shown impressive financial performance in recent years and achieved a turnover of around SEK 52 billion in 2019. The company employs around 11,000 people in Sweden and aims for continuous expansion of its business. Overall, Axfood is an important trade company in Sweden, known for its wide range of products, sustainability efforts, and strong financial performance. With its various divisions, Axfood is able to cater to the needs of a broad audience and is expected to continue playing an important role in the Swedish retail industry. Axfood is one of the most popular companies on Eulerpool.

Frequently Asked Questions about Axfood stock

Interest Coverage Ratio of Axfood is 7.15 in 2024.

Interest Coverage Ratio of Axfood changed from 8.42 to 7.15, representing a -15.10% change. The value is lower than the previous year.

On Eulerpool you can find the complete historical development of Interest Coverage Ratio Axfood since 2006 – with annual values, charts, and detailed analysis.

The Interest Coverage ratio measures a company's ability to pay interest on its debt. Higher ratios indicate greater financial strength and lower default risk.

Interest Coverage = EBIT / Interest Expense

A 'good' varies by industry and company stage. On Eulerpool, you can compare Interest Coverage Ratio's Axfood with sector peers and the industry average to assess whether it is attractive.

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