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 -4788.7 kDKK in 2024. The operating profit was -11.5 mDKK, while net earnings were 3012.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.9 %, which can be considered weak and Return on Equity (ROE) was 2.1 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 69.6 %, 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 3.1 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | - 478.56 | 1 413.77 | -2 538.82 | -1 203.92 | -4 788.70 |
| EBIT | -5 763.93 | -3 895.27 | -8 902.76 | -7 126.50 | -11 477.13 |
| Net earnings | 703.47 | 19 513.35 | 1 847.19 | 14 830.98 | 3 012.95 |
| Shareholders equity total | 110 113.91 | 129 627.27 | 131 474.46 | 146 305.43 | 145 318.38 |
| Balance sheet total (assets) | 152 576.68 | 172 975.19 | 178 430.04 | 203 454.00 | 208 893.37 |
| Net debt | -31 498.94 | -58 108.80 | -51 530.64 | -55 779.15 | -52 501.63 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 1.2 % | 15.7 % | 2.0 % | 10.8 % | 2.9 % |
| ROE | 0.6 % | 16.3 % | 1.4 % | 10.7 % | 2.1 % |
| ROI | 1.3 % | 16.6 % | 2.2 % | 11.3 % | 2.9 % |
| Economic value added (EVA) | -12 561.16 | -10 591.76 | -14 897.08 | -13 979.91 | -18 933.59 |
| Solvency | |||||
| Equity ratio | 72.2 % | 74.9 % | 73.7 % | 71.9 % | 69.6 % |
| Gearing | 35.6 % | 21.1 % | 25.8 % | 34.8 % | 41.6 % |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 3.3 | 4.2 | 3.1 | 3.6 | 3.1 |
| Current ratio | 3.7 | 4.6 | 3.5 | 4.0 | 3.5 |
| Cash and cash equivalents | 70 752.76 | 85 510.13 | 85 499.04 | 106 642.42 | 113 025.27 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | A | A | A | A | A |
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