A/S AF DEN 1/10 1960 — Credit Rating and Financial Key Figures

CVR number: 33424418
Bækkevej 2 H, 8500 Grenaa
HH@Al2bolig.dk
tel: 40524123

Credit rating

Company information

Official name
A/S AF DEN 1/10 1960
Established
1971
Company form
Limited company
Industry

About A/S AF DEN 1/10 1960

A/S AF DEN 1/10 1960 (CVR number: 33424418) is a company from NORDDJURS. The company recorded a gross profit of -98.8 kDKK in 2024. The operating profit was -115.1 kDKK, while net earnings were 211.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7.1 %, which can be considered decent and Return on Equity (ROE) was 5.6 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 95.3 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. A/S AF DEN 1/10 1960's liquidity measured by quick ratio was 19.7 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 profit31.11-40.3411.442.36-98.83
EBIT14.88-56.68-4.90-13.98- 115.06
Net earnings-35.98181.01- 216.16132.44211.67
Shareholders equity total3 566.943 747.963 531.803 664.233 875.91
Balance sheet total (assets)3 672.343 866.303 617.723 719.864 069.16
Net debt-3 279.53-3 508.24-3 253.71-3 373.54-3 796.59
Profitability
EBIT-%
ROA1.7 %6.3 %2.0 %4.8 %7.1 %
ROE-1.0 %4.9 %-5.9 %3.7 %5.6 %
ROI1.8 %6.4 %2.1 %4.9 %7.3 %
Economic value added (EVA)5.97-55.90-13.90-24.52- 102.91
Solvency
Equity ratio97.1 %96.9 %97.6 %98.5 %95.3 %
Gearing1.1 %1.1 %0.0 %0.0 %0.0 %
Relative net indebtedness %
Liquidity
Quick ratio31.730.038.661.719.7
Current ratio31.730.038.661.719.7
Cash and cash equivalents3 319.403 548.553 254.843 374.663 797.71
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAABBB

Variable visualization

ROA:7.09%
Rating: 49/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:95.3%
Rating: 76/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Board member
Board member

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