AF HOLDING, NORS ApS — Credit Rating and Financial Key Figures

CVR number: 34084475
Skolevænget 13, Tingstrup 7700 Thisted

Credit rating

Company information

Official name
AF HOLDING, NORS ApS
Established
2011
Domicile
Tingstrup
Company form
Private limited company
Industry

About AF HOLDING, NORS ApS

AF HOLDING, NORS ApS (CVR number: 34084475) is a company from THISTED. The company recorded a gross profit of 58.3 kDKK in 2024. The operating profit was -26 kDKK, while net earnings were 757.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 23.8 %, which can be considered excellent and Return on Equity (ROE) was 24.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 93.2 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. AF HOLDING, NORS ApS's liquidity measured by quick ratio was 5.2 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit-7.2519.6233.1032.5658.25
EBIT-7.25-13.42-10.00-10.54-26.00
Net earnings772.15913.19502.28281.51757.67
Shareholders equity total1 415.922 216.102 603.982 767.693 403.36
Balance sheet total (assets)2 007.122 746.042 699.732 776.133 650.93
Net debt-41.62- 410.43-28.34- 437.52- 139.47
Profitability
EBIT-%
ROA52.1 %38.7 %18.7 %10.5 %23.8 %
ROE71.2 %50.3 %20.8 %10.5 %24.6 %
ROI55.6 %41.5 %19.5 %10.7 %24.7 %
Economic value added (EVA)13.1334.645.20-64.02-93.36
Solvency
Equity ratio70.5 %80.7 %96.5 %99.7 %93.2 %
Gearing1.1 %0.0 %0.5 %
Relative net indebtedness %
Liquidity
Quick ratio1.26.69.9159.45.2
Current ratio1.26.611.0171.35.6
Cash and cash equivalents57.66411.0528.34437.52156.43
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:23.8%
Rating: 80/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:93.2%
Rating: 74/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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