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AT2004 HOLDING A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About AT2004 HOLDING A/S
AT2004 HOLDING A/S (CVR number: 28308639) is a company from KOLDING. The company recorded a gross profit of -450.7 kDKK in 2024. The operating profit was -450.7 kDKK, while net earnings were 323 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.5 %, which can be considered weak and Return on Equity (ROE) was 1.3 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 82.1 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. AT2004 HOLDING A/S's liquidity measured by quick ratio was 5.7 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | - 163.62 | - 248.31 | - 243.54 | - 362.10 | - 450.71 |
| EBIT | - 163.62 | - 248.31 | - 243.54 | - 362.10 | - 450.71 |
| Net earnings | 3 314.05 | - 533.90 | 17.22 | 2 447.15 | 323.02 |
| Shareholders equity total | 24 832.99 | 24 299.09 | 24 316.31 | 24 763.46 | 23 886.47 |
| Balance sheet total (assets) | 29 471.68 | 28 840.36 | 29 206.22 | 30 103.66 | 29 090.47 |
| Net debt | -24 805.50 | -22 666.23 | -21 755.62 | -24 696.63 | -23 615.49 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 15.4 % | 8.7 % | 4.2 % | 11.9 % | 3.5 % |
| ROE | 14.3 % | -2.2 % | 0.1 % | 10.0 % | 1.3 % |
| ROI | 15.5 % | 8.8 % | 4.2 % | 12.0 % | 3.5 % |
| Economic value added (EVA) | -1 432.31 | -1 653.21 | -1 636.48 | -1 740.70 | -1 760.77 |
| Solvency | |||||
| Equity ratio | 84.3 % | 84.3 % | 83.3 % | 82.3 % | 82.1 % |
| Gearing | 17.4 % | 18.5 % | 19.9 % | 19.8 % | 21.1 % |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 6.4 | 6.4 | 6.0 | 6.0 | 5.7 |
| Current ratio | 6.4 | 6.4 | 6.0 | 6.0 | 5.7 |
| Cash and cash equivalents | 29 116.60 | 27 173.16 | 26 587.99 | 29 605.97 | 28 644.26 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | AA | AA | AA | A | AA |
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