AKF HOLDING A/S
Credit rating
Company information
About AKF HOLDING A/S
AKF HOLDING A/S (CVR number: 10363977K) is a company from KØBENHAVN. The company reported a net sales of 293.3 mDKK in 2023, demonstrating a decline of -64.8 % compared to the previous year. The operating profit percentage was at 45.3 % (EBIT: 133 mDKK), while net earnings were 186.2 mDKK. The profitability of the company measured by Return on Assets (ROA) was 4.1 %, which can be considered decent and Return on Equity (ROE) was 6 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 45.1 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. AKF HOLDING A/S's liquidity measured by quick ratio was 0.5 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 277.00 | 220.40 | 281.20 | 832.51 | 293.34 |
Gross profit | 170.90 | 185.40 | 199.90 | 312.52 | 197.22 |
EBIT | 131.50 | 136.90 | 125.50 | 249.43 | 133.02 |
Net earnings | 206.90 | 245.20 | 538.70 | 395.79 | 186.18 |
Shareholders equity total | 1 889.00 | 2 213.30 | 2 747.10 | 3 239.01 | 3 359.13 |
Balance sheet total (assets) | 4 333.40 | 5 172.80 | 63 378.00 | 7 234.26 | 7 467.09 |
Net debt | - 201.98 | 3 094.16 | 3 207.10 | ||
Profitability | |||||
EBIT-% | 47.5 % | 62.1 % | 44.6 % | 30.0 % | 45.3 % |
ROA | 3.3 % | 2.9 % | 0.4 % | 1.4 % | 4.1 % |
ROE | 11.5 % | 12.0 % | 21.7 % | 13.9 % | 6.0 % |
ROI | 3.3 % | 2.9 % | 0.4 % | 1.4 % | 4.2 % |
Economic value added (EVA) | 27.51 | 11.31 | -5.62 | 71.11 | - 151.50 |
Solvency | |||||
Equity ratio | 100.0 % | 100.0 % | 100.0 % | 44.9 % | 45.1 % |
Gearing | 98.4 % | 102.4 % | |||
Relative net indebtedness % | -71.8 % | 405.7 % | 1167.2 % | ||
Liquidity | |||||
Quick ratio | 0.2 | 0.5 | |||
Current ratio | 0.2 | 0.6 | |||
Cash and cash equivalents | 201.98 | 94.64 | 232.77 | ||
Capital use efficiency | |||||
Trade debtors turnover (days) | 7.5 | 30.2 | |||
Net working capital % | 71.8 % | -76.4 % | -135.4 % | ||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | A | A |
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