Agat Development A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About Agat Development A/S
Agat Development A/S (CVR number: 18260476K) is a company from AALBORG. The company reported a net sales of 54.6 mDKK in 2018, demonstrating a growth of 103.8 % compared to the previous year. The operating profit percentage was at 13.7 % (EBIT: 7.5 mDKK), while net earnings were -19.9 mDKK. The profitability of the company measured by Return on Assets (ROA) was 4.1 %, which can be considered decent but Return on Equity (ROE) was -17.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 42.7 %, 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. Agat Development A/S'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 financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2014 | 2015 | 2016 | 2017 | 2018 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 98.38 | 39.78 | 88.65 | 26.78 | 54.56 |
Gross profit | 0.63 | 7.24 | 11.02 | 4.74 | 7.95 |
EBIT | 0.27 | 6.85 | 10.67 | 4.38 | 7.50 |
Net earnings | -45.25 | 4.93 | 6.51 | - 109.61 | -19.94 |
Shareholders equity total | 220.60 | 227.62 | 234.13 | 124.52 | 104.58 |
Balance sheet total (assets) | 467.48 | 402.30 | 377.05 | 293.30 | 244.98 |
Net debt | 218.57 | 156.85 | 130.40 | 156.37 | 156.38 |
Profitability | |||||
EBIT-% | 0.3 % | 17.2 % | 12.0 % | 16.3 % | 13.7 % |
ROA | 2.2 % | 3.7 % | 5.8 % | 1.9 % | 4.1 % |
ROE | -18.6 % | 2.2 % | 2.8 % | -61.1 % | -17.4 % |
ROI | 2.3 % | 3.9 % | 6.0 % | 2.0 % | 4.2 % |
Economic value added (EVA) | -22.63 | -15.88 | -10.96 | -14.42 | -7.02 |
Solvency | |||||
Equity ratio | 47.2 % | 56.6 % | 62.1 % | 42.5 % | 42.7 % |
Gearing | 99.1 % | 68.9 % | 55.7 % | 125.6 % | 130.5 % |
Relative net indebtedness % | 250.9 % | 439.1 % | 161.2 % | 630.3 % | 293.9 % |
Liquidity | |||||
Quick ratio | 0.5 | 0.1 | 0.4 | 0.5 | 0.5 |
Current ratio | 1.3 | 1.3 | 1.4 | 1.3 | 1.6 |
Cash and cash equivalents | -19.94 | ||||
Capital use efficiency | |||||
Trade debtors turnover (days) | 205.9 | 5.4 | 4.6 | 22.8 | 74.2 |
Net working capital % | 82.6 % | 124.5 % | 58.2 % | 209.0 % | 142.0 % |
Credit risk | |||||
Credit rating | BBB | AAA | AAA | A | A |
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