Aktieselskabet af 12. maj 1998 — Credit Rating and Financial Key Figures

CVR number: 20952237
Sundkrogsgade 29, 2150 Nordhavn

Credit rating

Company information

Official name
Aktieselskabet af 12. maj 1998
Established
1998
Company form
Limited company
Industry
  • Expand more icon681100

About Aktieselskabet af 12. maj 1998

Aktieselskabet af 12. maj 1998 (CVR number: 20952237) is a company from KØBENHAVN. The company recorded a gross profit of 0 kDKK in 2023. The operating profit was -437 kDKK, while net earnings were 89 mDKK. The profitability of the company measured by Return on Assets (ROA) was 11.3 %, which can be considered good but Return on Equity (ROE) was 7 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 100 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Aktieselskabet af 12. maj 1998's liquidity measured by quick ratio was 0 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2021
2022
2023
Volume
Net sales
Gross profit
EBIT-3 617.00- 437.00
Net earnings- 105 256.00134 976.0088 975.00
Shareholders equity total947 130.001 222 106.001 311 081.00
Balance sheet total (assets)1 093 558.001 293 855.001 311 081.00
Net debt- 256 012.00- 193.00- 297.00
Profitability
EBIT-%
ROA0.0 %15.4 %11.3 %
ROE-11.1 %12.4 %7.0 %
ROI0.0 %16.7 %11.6 %
Economic value added (EVA)-3 869.601 967.81
Solvency
Equity ratio81.4 %94.5 %100.0 %
Gearing4.4 %
Relative net indebtedness %
Liquidity
Quick ratio3.73.0
Current ratio3.73.0
Cash and cash equivalents297 610.00193.00297.00
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAABBB

Variable visualization

ROA:11.3%
Rating: 60/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:100.0%
Rating: 100/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board
Board member

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