A/S AF DEN 1/10 1960 — Credit Rating and Financial Key Figures
Credit rating
Company information
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 -36.8 kDKK in 2025. The operating profit was -53.1 kDKK, while net earnings were 100.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.1 %, which can be considered weak and Return on Equity (ROE) was 2.6 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 97.7 %, 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 40.6 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | -40.34 | 11.44 | 2.36 | -98.83 | -36.77 |
| EBIT | -56.68 | -4.90 | -13.98 | - 115.06 | -53.11 |
| Net earnings | 181.01 | - 216.16 | 132.44 | 211.67 | 100.13 |
| Shareholders equity total | 3 747.96 | 3 531.80 | 3 664.23 | 3 875.91 | 3 976.04 |
| Balance sheet total (assets) | 3 866.30 | 3 617.72 | 3 719.86 | 4 069.16 | 4 069.90 |
| Net debt | -3 508.24 | -3 253.71 | -3 373.54 | -3 796.59 | -3 809.17 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 6.3 % | 2.0 % | 4.8 % | 7.1 % | 3.1 % |
| ROE | 4.9 % | -5.9 % | 3.7 % | 5.6 % | 2.6 % |
| ROI | 6.4 % | 2.1 % | 4.9 % | 7.3 % | 3.3 % |
| Economic value added (EVA) | - 224.70 | - 194.24 | - 188.13 | - 272.55 | - 236.61 |
| Solvency | |||||
| Equity ratio | 96.9 % | 97.6 % | 98.5 % | 95.3 % | 97.7 % |
| Gearing | 1.1 % | 0.0 % | 0.0 % | 0.0 % | 0.0 % |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 30.0 | 38.6 | 61.7 | 19.7 | 40.6 |
| Current ratio | 30.0 | 38.6 | 61.7 | 19.7 | 40.6 |
| Cash and cash equivalents | 3 548.55 | 3 254.84 | 3 374.66 | 3 797.71 | 3 810.30 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BBB | BBB | BBB | BBB | BBB |
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