Agat Development A/S — Credit Rating and Financial Key Figures

CVR number: 18260476
Mølleå 1, 9000 Aalborg
msj@tk.dk

Credit rating

Company information

Official name
Agat Development A/S
Established
1993
Company form
Limited company
Industry

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 financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales80 824.7875 914.385 690.5843 440.97601.40
Gross profit-5 361.6111 646.54-6 961.51-5 141.85-5 862.61
EBIT-5 361.6111 646.54-6 961.51-5 141.85-5 862.61
Net earnings-22 245.5017 562.35-24 437.49-6 983.96-3 706.41
Shareholders equity total14 432.3171 994.6647 557.1740 573.2236 866.80
Balance sheet total (assets)161 152.18136 601.1780 232.3641 499.4737 192.62
Net debt139 603.3548 626.7331 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)-14 316.983 064.19-11 569.64-9 246.80-6 346.37
Solvency
Equity ratio9.0 %52.7 %59.3 %97.8 %99.1 %
Gearing971.4 %83.2 %66.6 %
Relative net indebtedness %180.8 %70.3 %568.3 %-3.3 %-2.3 %
Liquidity
Quick ratio0.40.40.316.050.9
Current ratio1.11.72.442.282.0
Cash and cash equivalents590.0011 258.59337.432 340.14339.85
Capital use efficiency
Trade debtors turnover (days)6.23.63.40.25.9
Net working capital %12.3 %56.3 %792.3 %87.9 %4387.0 %
Credit risk
Credit ratingBBBAABBBBBBBBB

Variable visualization

ROA:-12.8%
Rating: 7/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:99.1%
Rating: 87/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board

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