ATLANTIC FLOATS DENMARK A/S — Credit Rating and Financial Key Figures

CVR number: 28510691
Fragevej 39, 4760 Vordingborg
tel: 55980901

Credit rating

Company information

Official name
ATLANTIC FLOATS DENMARK A/S
Established
2005
Company form
Limited company
Industry

About ATLANTIC FLOATS DENMARK A/S

ATLANTIC FLOATS DENMARK A/S (CVR number: 28510691) is a company from VORDINGBORG. The company recorded a gross profit of 2735 kDKK in 2023. The operating profit was 2649 kDKK, while net earnings were 2278 kDKK. The profitability of the company measured by Return on Assets (ROA) was 31.6 %, which can be considered excellent and Return on Equity (ROE) was 34.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 80.1 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. ATLANTIC FLOATS DENMARK A/S's liquidity measured by quick ratio was 5 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit3 153.732 775.003 808.003 418.002 735.00
EBIT3 132.252 689.003 722.003 332.002 649.00
Net earnings2 435.122 088.002 894.002 633.002 278.00
Shareholders equity total3 436.173 089.003 895.006 528.006 806.00
Balance sheet total (assets)4 869.744 985.007 161.0010 352.008 494.00
Net debt-1 909.78-1 908.00- 312.001 177.00372.00
Profitability
EBIT-%
ROA69.2 %54.6 %61.5 %38.8 %31.6 %
ROE76.7 %64.0 %82.9 %50.5 %34.2 %
ROI98.4 %74.4 %77.5 %46.7 %36.1 %
Economic value added (EVA)2 414.302 020.662 876.072 516.221 820.34
Solvency
Equity ratio70.6 %62.0 %54.4 %63.1 %80.1 %
Gearing21.7 %49.9 %33.1 %14.8 %
Relative net indebtedness %
Liquidity
Quick ratio3.22.52.12.75.0
Current ratio3.22.52.12.75.0
Cash and cash equivalents1 909.782 577.002 254.00984.00635.00
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBABBB

Variable visualization

ROA:31.6%
Rating: 84/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:80.1%
Rating: 59/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board
Board member

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