ARMACOAT A/S

CVR number: 32646433
Huginsvej 4, 7200 Grindsted

Credit rating

Company information

Official name
ARMACOAT A/S
Personnel
15 persons
Established
2009
Company form
Limited company
Industry
  • Expand more icon25Manufacture of fabricated metal products, except machinery and equipment

About ARMACOAT A/S

ARMACOAT A/S (CVR number: 32646433) is a company from BILLUND. The company recorded a gross profit of 8154.8 kDKK in 2023. The operating profit was 1144.9 kDKK, while net earnings were 1172.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 11 %, which can be considered good but Return on Equity (ROE) was 24.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 34.7 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. ARMACOAT A/S's liquidity measured by quick ratio was 0.2 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20192020202120222023
Volume
Net sales
Gross profit5 953.725 769.201 614.728 071.668 154.81
EBIT786.4262.01550.911 926.551 144.92
Net earnings441.06-91.72409.781 378.561 172.92
Shareholders equity total2 209.212 117.492 889.184 267.745 440.66
Balance sheet total (assets)13 259.9512 944.5613 472.6414 406.3815 665.70
Net debt8 854.557 545.097 406.747 231.346 876.41
Profitability
EBIT-%
ROA5.9 %0.6 %4.2 %13.8 %11.0 %
ROE22.2 %-4.2 %16.4 %38.5 %24.2 %
ROI6.5 %0.6 %5.0 %16.1 %12.7 %
Economic value added (EVA)296.20- 263.24340.261 383.78693.57
Solvency
Equity ratio16.7 %16.4 %21.4 %29.6 %34.7 %
Gearing415.5 %370.7 %274.4 %177.0 %133.2 %
Relative net indebtedness %
Liquidity
Quick ratio0.50.30.30.40.2
Current ratio0.60.40.40.50.3
Cash and cash equivalents324.51303.60520.62321.78371.50
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBAA

Variable visualization

ROA:11.0%
Rating: 60/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:34.7%
Rating: 29/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board

Companies in the same industry

Build time: 2024-10-21T13:51:26.142Z

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