Credit rating
Company information
About AGC Biologics A/S
AGC Biologics A/S (CVR number: 25950941) is a company from GLADSAXE. The company reported a net sales of 2092.6 mDKK in 2023, demonstrating a decline of -16.9 % compared to the previous year. The operating profit percentage was at 16.8 % (EBIT: 352.2 mDKK), while net earnings were 243.9 mDKK. The profitability of the company measured by Return on Assets (ROA) was 10.3 %, which can be considered good but Return on Equity (ROE) was 50.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 49.8 %, 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. AGC Biologics A/S's liquidity measured by quick ratio was 0.7 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 | 996.00 | 1 455.00 | 2 185.03 | 2 518.00 | 2 092.57 |
Gross profit | 257.00 | 452.00 | 831.90 | 936.96 | 501.29 |
EBIT | 204.00 | 371.00 | 733.04 | 793.46 | 352.21 |
Net earnings | 154.00 | 279.00 | 571.74 | 598.95 | 243.87 |
Shareholders equity total | 215.00 | 340.00 | 633.59 | 661.28 | 307.43 |
Balance sheet total (assets) | 1 182.00 | 2 348.00 | 3 140.66 | 3 357.43 | 3 623.68 |
Net debt | - 836.36 | - 212.06 | - 184.13 | 1 066.49 | |
Profitability | |||||
EBIT-% | 20.5 % | 25.5 % | 33.5 % | 31.5 % | 16.8 % |
ROA | 22.5 % | 21.0 % | 27.0 % | 24.4 % | 10.3 % |
ROE | 57.9 % | 100.5 % | 117.4 % | 92.5 % | 50.3 % |
ROI | 22.5 % | 21.0 % | 40.8 % | 59.6 % | 21.4 % |
Economic value added (EVA) | 142.74 | 279.14 | 595.89 | 610.58 | 249.59 |
Solvency | |||||
Equity ratio | 100.0 % | 100.0 % | 33.8 % | 32.7 % | 49.8 % |
Gearing | 41.8 % | 5.3 % | 349.9 % | ||
Relative net indebtedness % | -57.5 % | 82.1 % | 95.6 % | 156.9 % | |
Liquidity | |||||
Quick ratio | 2.7 | 1.6 | 0.7 | ||
Current ratio | 1.1 | 0.7 | 0.5 | ||
Cash and cash equivalents | 836.36 | 476.90 | 219.39 | 9.19 | |
Capital use efficiency | |||||
Trade debtors turnover (days) | 62.8 | 82.3 | 68.4 | ||
Net working capital % | 57.5 % | 10.5 % | -19.4 % | -46.9 % | |
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BBB |
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