AG ELECTRIC A/S — Credit Rating and Financial Key Figures

CVR number: 89847710
Jernbanegade 15, 6200 Aabenraa
info@ag-electric.dk
tel: 74561340
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Company information

Official name
AG ELECTRIC A/S
Personnel
123 persons
Established
1982
Company form
Limited company
Industry

About AG ELECTRIC A/S

AG ELECTRIC A/S (CVR number: 89847710) is a company from AABENRAA. The company recorded a gross profit of 86 mDKK in 2024. The operating profit was 17.5 mDKK, while net earnings were 13.6 mDKK. The profitability of the company measured by Return on Assets (ROA) was 25.8 %, which can be considered excellent and Return on Equity (ROE) was 54.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 40.8 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. AG ELECTRIC A/S's liquidity measured by quick ratio was 2 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit45 731.7652 214.1361 551.7878 156.3585 971.48
EBIT8 773.9210 330.3211 805.2916 257.0417 496.99
Net earnings6 724.587 971.559 027.7212 639.9813 629.70
Shareholders equity total14 562.2014 533.7518 561.4723 326.4526 956.16
Balance sheet total (assets)35 583.3234 367.5354 021.6467 733.1371 980.62
Net debt-6 805.00-5 399.72-6 161.00-8 595.32-3 855.79
Profitability
EBIT-%
ROA26.9 %29.5 %26.8 %27.2 %25.8 %
ROE50.9 %54.8 %54.6 %60.6 %54.7 %
ROI53.9 %60.3 %59.1 %64.7 %55.6 %
Economic value added (EVA)6 139.087 253.608 299.4111 500.7912 115.56
Solvency
Equity ratio44.2 %45.5 %44.8 %39.9 %40.8 %
Gearing7.5 %1.8 %2.3 %2.9 %5.7 %
Relative net indebtedness %
Liquidity
Quick ratio1.92.12.62.02.0
Current ratio1.71.91.61.61.7
Cash and cash equivalents7 900.595 664.016 583.299 278.545 403.31
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAABBBBBBA

Variable visualization

ROA:25.8%
Rating: 81/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:40.8%
Rating: 34/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Board member
Chairman of the board

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