ALFARVAD A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About ALFARVAD A/S
ALFARVAD A/S (CVR number: 33217110) is a company from FREDERIKSHAVN. The company recorded a gross profit of -1203.9 kDKK in 2023. The operating profit was -7126.5 kDKK, while net earnings were 14.8 mDKK. The profitability of the company measured by Return on Assets (ROA) was 10.8 %, which can be considered good and Return on Equity (ROE) was 10.7 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 71.9 %, 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. ALFARVAD A/S's liquidity measured by quick ratio was 3.6 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | - 270.16 | - 478.56 | 1 413.77 | -2 538.82 | -1 203.92 |
EBIT | -4 154.69 | -5 763.93 | -3 895.27 | -8 902.76 | -7 126.50 |
Net earnings | 9 423.91 | 703.47 | 19 513.35 | 1 847.19 | 14 830.98 |
Shareholders equity total | 109 410.44 | 110 113.91 | 129 627.27 | 131 474.46 | 146 305.43 |
Balance sheet total (assets) | 167 194.46 | 152 576.68 | 172 975.19 | 178 430.04 | 203 454.00 |
Net debt | -34 948.99 | -31 498.94 | -58 108.80 | -51 530.64 | -66 351.95 |
Profitability | |||||
EBIT-% | |||||
ROA | 8.4 % | 1.2 % | 15.7 % | 2.0 % | 10.8 % |
ROE | 9.0 % | 0.6 % | 16.3 % | 1.4 % | 10.7 % |
ROI | 9.7 % | 1.3 % | 16.6 % | 2.2 % | 11.6 % |
Economic value added (EVA) | -4 278.93 | -8 469.65 | -6 092.21 | -10 149.41 | -8 777.52 |
Solvency | |||||
Equity ratio | 65.4 % | 72.2 % | 74.9 % | 73.7 % | 71.9 % |
Gearing | 30.6 % | 35.6 % | 21.1 % | 25.8 % | 27.5 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 2.3 | 3.3 | 4.2 | 3.1 | 3.6 |
Current ratio | 2.5 | 3.7 | 4.6 | 3.5 | 4.0 |
Cash and cash equivalents | 68 440.52 | 70 752.76 | 85 510.13 | 85 499.04 | 106 642.42 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | AA | AA | AA | A | AA |
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