ARMACOAT A/S — Credit Rating and Financial Key Figures

CVR number: 32646433
Huginsvej 4, 7200 Grindsted
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Credit rating

Company information

Official name
ARMACOAT A/S
Personnel
14 persons
Established
2009
Company form
Limited company
Industry

About ARMACOAT A/S

ARMACOAT A/S (CVR number: 32646433) is a company from BILLUND. The company recorded a gross profit of 7526.6 kDKK in 2024. The operating profit was -67.6 kDKK, while net earnings were -140.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -0.3 %, which can be considered poor and Return on Equity (ROE) was -2.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 35.2 %, 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit5 769.201 614.728 071.668 154.817 526.61
EBIT62.01550.911 926.551 144.92-67.59
Net earnings-91.72409.781 378.561 172.92- 140.58
Shareholders equity total2 117.492 889.184 267.745 440.665 300.09
Balance sheet total (assets)12 944.5613 472.6414 406.3815 665.7015 057.73
Net debt7 545.097 406.747 231.346 876.417 704.06
Profitability
EBIT-%
ROA0.6 %4.2 %13.8 %11.0 %-0.3 %
ROE-4.2 %16.4 %38.5 %24.2 %-2.6 %
ROI0.6 %5.0 %16.1 %12.7 %-0.4 %
Economic value added (EVA)- 548.79- 101.07927.02262.71- 730.66
Solvency
Equity ratio16.4 %21.4 %29.6 %34.7 %35.2 %
Gearing370.7 %274.4 %177.0 %133.2 %145.6 %
Relative net indebtedness %
Liquidity
Quick ratio0.30.30.40.20.2
Current ratio0.40.40.50.30.3
Cash and cash equivalents303.60520.62321.78371.5014.36
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBAABBB

Variable visualization

ROA:-0.33%
Rating: 20/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:35.2%
Rating: 30/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board

Companies in the same industry

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