Aktieselskabet af 17.6.2020 — Credit Rating and Financial Key Figures

CVR number: 41450568
Industrivej 59, 9600 Aars

Company information

Official name
Aktieselskabet af 17.6.2020
Established
2020
Company form
Limited company
Industry

About Aktieselskabet af 17.6.2020

Aktieselskabet af 17.6.2020 (CVR number: 41450568) is a company from VESTHIMMERLANDS. The company recorded a gross profit of 142.6 kDKK in 2023. The operating profit was 99.5 kDKK, while net earnings were 270.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.5 %, which can be considered weak but Return on Equity (ROE) was 18.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 8.6 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. Aktieselskabet af 17.6.2020's liquidity measured by quick ratio was 0.5 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
Volume
Net sales
Gross profit-10.00-71.30-74.39142.56
EBIT-10.00-71.30-74.3999.45
Net earnings-10.10- 101.44- 126.34270.61
Shareholders equity total1 589.901 488.461 362.121 632.72
Balance sheet total (assets)2 600.689 548.938 646.1618 960.29
Net debt2 006.558 049.183 231.118 721.89
Profitability
EBIT-%
ROA-0.4 %-0.7 %-0.3 %3.5 %
ROE-0.6 %-6.6 %-8.9 %18.1 %
ROI-0.3 %-0.7 %-0.4 %5.8 %
Economic value added (EVA)-10.00-70.79-13.20264.43
Solvency
Equity ratio61.1 %15.6 %15.8 %8.6 %
Gearing126.2 %541.2 %267.6 %616.0 %
Relative net indebtedness %
Liquidity
Quick ratio1.00.80.60.5
Current ratio1.00.80.60.5
Cash and cash equivalents6.29414.181 335.07
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBA

Variable visualization

ROA:3.48%
Rating: 37/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:8.61%
Rating: 9/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Chief executive officer

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