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: 18260476) is a company from AALBORG. The company reported a net sales of 0.6 mDKK in 2024, demonstrating a decline of -98.6 % compared to the previous year. The operating profit percentage was poor at -974.8 % (EBIT: -5.9 mDKK), while net earnings were -3706.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was -12.8 %, which can be considered poor and Return on Equity (ROE) was -9.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 99.1 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Agat Development A/S's liquidity measured by quick ratio was 50.9 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 80 824.78 | 75 914.38 | 5 690.58 | 43 440.97 | 601.40 |
Gross profit | -5 361.61 | 11 646.54 | -6 961.51 | -5 141.85 | -5 862.61 |
EBIT | -5 361.61 | 11 646.54 | -6 961.51 | -5 141.85 | -5 862.61 |
Net earnings | -22 245.50 | 17 562.35 | -24 437.49 | -6 983.96 | -3 706.41 |
Shareholders equity total | 14 432.31 | 71 994.66 | 47 557.17 | 40 573.22 | 36 866.80 |
Balance sheet total (assets) | 161 152.18 | 136 601.17 | 80 232.36 | 41 499.47 | 37 192.62 |
Net debt | 139 603.35 | 48 626.73 | 31 350.48 | -2 340.14 | - 339.85 |
Profitability | |||||
EBIT-% | -6.6 % | 15.3 % | -122.3 % | -11.8 % | -974.8 % |
ROA | -8.3 % | 16.0 % | -24.1 % | -8.4 % | -12.8 % |
ROE | -87.0 % | 40.6 % | -40.9 % | -15.8 % | -9.6 % |
ROI | -8.7 % | 16.6 % | -24.7 % | -8.6 % | -13.0 % |
Economic value added (EVA) | -14 316.98 | 3 064.19 | -11 569.64 | -9 246.80 | -6 346.37 |
Solvency | |||||
Equity ratio | 9.0 % | 52.7 % | 59.3 % | 97.8 % | 99.1 % |
Gearing | 971.4 % | 83.2 % | 66.6 % | ||
Relative net indebtedness % | 180.8 % | 70.3 % | 568.3 % | -3.3 % | -2.3 % |
Liquidity | |||||
Quick ratio | 0.4 | 0.4 | 0.3 | 16.0 | 50.9 |
Current ratio | 1.1 | 1.7 | 2.4 | 42.2 | 82.0 |
Cash and cash equivalents | 590.00 | 11 258.59 | 337.43 | 2 340.14 | 339.85 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 6.2 | 3.6 | 3.4 | 0.2 | 5.9 |
Net working capital % | 12.3 % | 56.3 % | 792.3 % | 87.9 % | 4387.0 % |
Credit risk | |||||
Credit rating | BBB | AA | BBB | BBB | BBB |
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