ASSENS AFFALD & GENBRUG A/S

CVR number: 32141315
Forsyningsparken 2, 5610 Assens
post@assensforsyning.dk
tel: 64747200

Credit rating

Company information

Official name
ASSENS AFFALD & GENBRUG A/S
Established
2009
Company form
Limited company
Industry
  • Expand more icon38Waste collection, treatment and disposal activities; materials recovery

About ASSENS AFFALD & GENBRUG A/S

ASSENS AFFALD & GENBRUG A/S (CVR number: 32141315) is a company from ASSENS. The company reported a net sales of 63.1 mDKK in 2023, demonstrating a growth of 14.8 % compared to the previous year. The operating profit percentage was at 2.8 % (EBIT: 1.7 mDKK), while net earnings were 0 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.8 %, which can be considered weak and Return on Equity (ROE) was 0 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 13 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. ASSENS AFFALD & GENBRUG A/S's liquidity measured by quick ratio was 1.4 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.

Financial information

See financials

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
20192020202120222023
Volume
Net sales46.0848.3153.1354.9863.10
Gross profit6.985.677.988.7110.36
EBIT0.60-0.352.050.421.75
Net earnings
Shareholders equity total14.3714.3714.3714.3714.37
Balance sheet total (assets)67.0174.5788.0295.74110.92
Net debt16.7924.0838.6637.5747.30
Profitability
EBIT-%1.3 %-0.7 %3.9 %0.8 %2.8 %
ROA0.9 %-0.5 %2.5 %0.5 %1.8 %
ROE
ROI1.0 %-0.6 %2.8 %0.5 %1.9 %
Economic value added (EVA)-1.18-1.66-0.06-1.77-0.86
Solvency
Equity ratio21.5 %19.3 %16.3 %15.0 %13.0 %
Gearing150.8 %176.5 %268.9 %287.5 %342.1 %
Relative net indebtedness %99.8 %118.9 %135.9 %138.5 %147.1 %
Liquidity
Quick ratio2.01.11.11.51.4
Current ratio2.01.11.11.51.4
Cash and cash equivalents4.891.283.761.88
Capital use efficiency
Trade debtors turnover (days)116.0113.1117.5121.4120.3
Net working capital %22.5 %2.0 %2.9 %14.2 %9.7 %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:1.80%
Rating: 29/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:13.0%
Rating: 13/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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