Aktieselskabet af 19.01.1940 — Credit Rating and Financial Key Figures
Credit rating
Company information
About Aktieselskabet af 19.01.1940
Aktieselskabet af 19.01.1940 (CVR number: 19891615) is a company from KOLDING. The company recorded a gross profit of -774.3 kDKK in 2023. The operating profit was -2103 kDKK, while net earnings were -2199.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was -3 %, which can be considered poor and Return on Equity (ROE) was -4.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 27.7 %, 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. Aktieselskabet af 19.01.1940's liquidity measured by quick ratio was 3.3 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 | 135 572.00 | 92 844.00 | |||
Gross profit | 25 267.00 | 34 528.00 | -20 428.00 | 1 029.56 | - 774.32 |
EBIT | -10 713.00 | 2 260.00 | -43 690.00 | - 886.78 | -2 102.95 |
Net earnings | -12 340.00 | 708.00 | -46 659.00 | - 290.55 | -2 199.12 |
Shareholders equity total | 29 155.00 | 34 311.00 | -11 875.00 | -6 153.86 | -8 352.98 |
Balance sheet total (assets) | 123 513.00 | 132 227.00 | 56 764.00 | 51 724.80 | 45 587.70 |
Net debt | 49 115.00 | 52 475.00 | 32 699.00 | 26 639.67 | 23 194.93 |
Profitability | |||||
EBIT-% | 1.7 % | -47.1 % | |||
ROA | -7.7 % | 2.8 % | -45.4 % | -2.3 % | -3.0 % |
ROE | -35.1 % | 2.2 % | -102.5 % | -0.5 % | -4.5 % |
ROI | -11.1 % | 3.7 % | -57.7 % | -3.3 % | -5.4 % |
Economic value added (EVA) | -13 146.56 | 448.17 | -44 740.78 | - 282.89 | -1 781.82 |
Solvency | |||||
Equity ratio | 40.6 % | 41.9 % | 17.5 % | 30.9 % | 27.7 % |
Gearing | 169.3 % | 153.5 % | -297.3 % | -516.2 % | -362.1 % |
Relative net indebtedness % | 71.3 % | 68.1 % | |||
Liquidity | |||||
Quick ratio | 1.5 | 1.7 | 2.2 | 3.0 | 3.3 |
Current ratio | 2.1 | 2.2 | 2.2 | 3.0 | 3.3 |
Cash and cash equivalents | 234.00 | 204.00 | 2 601.00 | 5 124.43 | 7 055.11 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 28.2 | 1.8 | |||
Net working capital % | 44.7 % | 24.7 % | |||
Credit risk | |||||
Credit rating | BBB | A | BB | BBB | BBB |
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