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A/S af 1. november 2018 — Credit Rating and Financial Key Figures
Credit rating
Company information
About A/S af 1. november 2018
A/S af 1. november 2018 (CVR number: 31873037) is a company from KØBENHAVN. The company reported a net sales of 2.8 mDKK in 2025, demonstrating a decline of -33.5 % compared to the previous year. The operating profit percentage was at 3931.3 % (EBIT: 110.5 mDKK), while net earnings were 88 mDKK. The profitability of the company measured by Return on Assets (ROA) was 100.9 %, which can be considered excellent and Return on Equity (ROE) was 104.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 75.8 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. A/S af 1. november 2018's liquidity measured by quick ratio was 5.1 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | 5 868.22 | 1 358.95 | 6 410.68 | 4 231.23 | 2 811.75 |
| Gross profit | 796.21 | -1 569.03 | - 399.11 | -1 928.26 | -1 565.97 |
| EBIT | -5 784.34 | -12 758.16 | -10 882.15 | -11 616.25 | 110 537.66 |
| Net earnings | -4 490.55 | -10 112.77 | -13 444.42 | -12 440.02 | 88 025.05 |
| Shareholders equity total | 41 683.92 | 36 157.95 | 28 742.54 | 35 344.93 | 132 506.15 |
| Balance sheet total (assets) | 50 727.79 | 40 592.26 | 46 412.06 | 44 196.96 | 174 907.70 |
| Net debt | -12 280.94 | -1 976.91 | 2 418.03 | 1 346.26 | 5 549.30 |
| Profitability | |||||
| EBIT-% | -98.6 % | -938.8 % | -169.8 % | -274.5 % | 3931.3 % |
| ROA | -13.0 % | -27.9 % | -25.0 % | -25.5 % | 100.9 % |
| ROE | -15.3 % | -26.0 % | -41.4 % | -38.8 % | 104.9 % |
| ROI | -16.1 % | -30.2 % | -28.7 % | -29.1 % | 117.0 % |
| Economic value added (EVA) | -5 481.37 | -12 277.39 | -14 997.11 | -12 853.20 | 87 221.61 |
| Solvency | |||||
| Equity ratio | 82.2 % | 89.1 % | 61.9 % | 80.0 % | 75.8 % |
| Gearing | 6.1 % | 5.1 % | 26.4 % | 16.7 % | 4.8 % |
| Relative net indebtedness % | -126.9 % | 44.6 % | 176.5 % | 90.6 % | 1178.5 % |
| Liquidity | |||||
| Quick ratio | 3.4 | 1.8 | 1.5 | 1.7 | 5.1 |
| Current ratio | 3.8 | 2.6 | 1.7 | 3.4 | 5.1 |
| Cash and cash equivalents | 14 840.20 | 3 827.64 | 5 170.13 | 4 548.93 | 865.08 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | 67.6 | 164.1 | 2.8 | 55.0 | 166.0 |
| Net working capital % | 277.7 % | 459.8 % | 92.4 % | 194.7 % | 5004.6 % |
| Credit risk | |||||
| Credit rating | BBB | BBB | BB | BB | BBB |
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